23% Sales Tax

[BeFree]

There has been an attempt by certain Radical Republicans to institute a 23% national sales tax on the poor people of America.

Imagine everything you buy costing an extra 23%!

A $10,000 car? Now it's $12,300

A $100,000 house? It would be $123,000

$10.00 purchase at the grocery store? $12.30

The rich people of America would pay far, far less percentage wise than the poorest of the poor amongst us. It has been estimated the average tax burden increase would be $3,700, while the top 2% would see a decrease of $200,000.

Corporations would not be taxed.

---------------

HR 25 is the name of the bill the Radicals have brought before congress. Below is a link to details of this awful attempt to stick the poor with an even greater tax burden.


http://thomas.loc.gov/

Edited link

Then type HR25 in the search box

[PROGRESSIVE1]

1. National Sales Tax and VAT will kill the U.S economy.

The Steves Forbes Crime Family wants this because they would pay very little in taxes!

[pagerbear]

2. Bad link

[BeFree]

7. Thanks pagerbear

try this:
http:thomas.loc.gov

Then type in HR25 in the search box.

HR25 stands for House Revenue 25

[jmowreader]

15. HR = House Resolution

SR = Senate Resolution

Then again, "revenue" works for this one too.

[Anarcho-Socialist]

3. It would gut the poorest Americans

Bad idea.

[bluestateguy]

4. I would not leave the US if Bush won

But if that proposal became law, I might have to.

I'll gladly pay more in taxes somewhere like Sweeden or Canada, but only if I get more services and a more equitable society, rather than just sending all my money to the military.

[Philostopher]

5. You're absolutely right it's more burden the less you have.

I cannot understand how some otherwise progressive thinkers buy into this BS. If you make 40k a year -- and that's way, way above the poverty level -- you'll just about break even, since the income tax rate at that income level is about 23%, but anybody who's significantly above that will make out like a thief, and anybody who's signficiantly below that will get the sh*t beat out of them. Of course the very rich like the idea -- they'll make out like the thieves many of them already are.

[Still_Notafraid]

6. Its the

stupid Republican politics of hope crap,they hope it might work and excuse even the most obvious flaw that maybe people will not be able to buy stuff,or maybe we go into a recession that will only get worse because its a hole you cant dig out of when you don't have the money to begin with.

[Gaffey Duck]

8. Believe it or not...

Here in Canada, social-democratic or centrist governments impose or increase sales-taxes at least as much as their neocon counterparts (especially provincially).

But our GST is a right-wing invention.

[Brundle_Fly]

10. I think here in Alberta Canada,

we are thew only province without a provincial sales tax, but even with gst and the provincial taxes, we in Canada are not paying 23%

23% is HUUUUGE.

[AlCzervik]

9. When i lived in Spring Texas we had no state income tax

things like houses were a lot less money there but out annual property taxes were almost $8000. This nationial sales tax is a really bad idea.

[DoctorG_and_theMDs]

11. Sales Tax could be a great thing

I support a national sales tax if . . .

Corporations are taxed
Investments (stocks, bonds, funds, real estate) are taxed.
A single payer national health care plan is enacted.

If you make 20k/yr and spend all of it like so many have to to survive, you pay 7% in FICA and Medicare, but get nothing.
If the national rate was only 1%, and you got a kick ass health insurance plan that would cost you 10k/yr to buy yourself, it's a good deal.

1% tax on all shares traded on NYSE would yield $250 million per DAY. Corporations that spend a billion, make 2 billion but account it all away and pay no taxes would pay 10 million instead of zero.

I think it could work but it has to be done right.

[BeFree]

12. You have a point

But they are proposing a 23% sales tax. That's 23 times what you propose. That's radical, eh?.

Everyone needs to see if their Rep. is a cosponsor of his bill, and if they are torch them with it. We've got to get these radical republicans out of congress.

Welcome to DU.. DoctorG

[DoctorG_and_theMDs]

13. Thanks.

I don't mean to imply in any way that HR25 is not a truly horrible plan. My philosophy is that the constitution begins with We the People, people ordain the government, and government ordains corporations (after all, they can't form unless they receive a EIN from the IRS)

corporations are valuable, but lowest on the ladder and therefore should not be coddled. $200 billion in corporate welfare? Please . . . That's not capitalism.

[newyawker99]

14. Hi DoctorG_and_theMDs!!

Welcome to DU!! :toast:

[jmowreader]

16. And the damn thing won't do what they want it to, either

Any country with a national tax on goods--VAT, sales tax, MwST, whatever you want to call it--has an income tax too.