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The Sewer That Is The GOP: With All The White Supremacists, Conspiracy Nutters, And Other Malicious Whacko Subgroups, How Does It Get Fixed?

Jumbo

By Jumbo
in The Tailgate

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Chachie

Chachie

Posted
Posted
49 minutes ago, Cooked Crack said:

 

 

 

 

 

Their biggest hype for this plan is that it would eliminate paying the IRS every year. I'm skeptical.

 

Also, what good is a tax return in April when many of us paying 30% on every purchase, monthly bill, etc. throughout the year wont make it to our next paycheck? 

 

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Larry

Larry

Posted
Posted
2 hours ago, Chachie said:

Their biggest hype for this plan is that it would eliminate paying the IRS every year.


I agree it's a big hype. And that it cannot possibly be true. 
 

In order for the tax to work, everything has to get taxed only once, at the point of retail sale. Businesses purchasing things to resale them have to be exempt from the tax. (Or things get taxed multiple times). 
 

Which means every business, or business owner, can just give themselves a 30% discount on everything they buy, simply by claiming they're buying it for their business. 
 

Which means that some "tax enforcement agency" has to be able to account, that every item that was purchased tax-exempt, either got sold at retail later, or got used for a commercial purpose. 

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Simmsy

Simmsy

Posted
Posted
4 hours ago, Chachie said:

 

 

 

Their biggest hype for this plan is that it would eliminate paying the IRS every year. I'm skeptical.

 

Also, what good is a tax return in April when many of us paying 30% on every purchase, monthly bill, etc. throughout the year wont make it to our next paycheck? 

 

 

Even if this were to somehow get implemented, seems like a terrible idea politically. Even on the base level, what would voters be more mad about: Paying their taxes yearly, which they've done their whole lives. Or spend $400 at the grocery everyweek with the constant reminder that they're being gouged? Are any of these plans thought out with the people in mind?

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China

China

Posted
Posted

McConnell pulls rival Rick Scott off powerful Commerce Committee

 

Senate Minority Leader Mitch McConnell (R-Ky.) has pulled Sen. Rick Scott (R-Fla.), who tried to oust him as the Senate’s top Republican in a bruising leadership race, off the powerful Commerce Committee.  

 

McConnell also removed Sen. Mike Lee (R-Utah), who supported Scott’s bid to replace McConnell as leader, from the Commerce panel, which has broad jurisdiction over a swath of federal agencies.  

 

The GOP leader insisted last year that he didn’t take the attempt to end his leadership reign personally, but the latest move sends a clear message to conservatives that challenging McConnell’s leadership carries a cost.

 

Click on the link for the full article

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