Subj : Re: Um...no comment?
To   : Deuce
From : richardw
Date : Tue Sep 13 2005 10:54 am

  Re: Re: Um...no comment?
  By: Deuce to Richardw on Mon Sep 12 2005 04:46 pm

 >  > You're even more twisted that Duece.  Let's design a tax, then think of w
 >  > around it!  What's the matter with a flat 10% income tax?  Or how about a
 >  > 10% sales tax?  Everybody pay the same percentage.
 > 
 > The problem with income tax is that you need to pay the government for the
 > right to recieve money (possibly even assets... do you need to pay 10% incom
 > tax on a house that's a gift?  10% of what exactly?  Who decides?)

Rules would need to be laid out... as we have here in the states now.

 > As for a flat 10% sales tax... do you mean on retail purchases only?  How ma
 > times can the 10% "flat" tax be charged on a single item?  Does it still cou
 > as paid if I pay it on all the components of a computer, assemble the comput
 > then sell it as a unit?  What if I sell the parts individually then sell the
 > labour for assembling it?  Does the 10% still apply to the components (again
 > or just to the labour?

I believe the way it works here in Texas... if you're buying components to 
resell after assembly, you need not pay taxes on them.  I'm not positive 
on this.  Anyhow, that would mean the taxes are paid when the item is sold 
to the end user only.

 > Do you expect to have a usefull military on either tax scheme?

Of course.

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