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[#] Fri Jul 06 2012 11:16:06 EDT from Ladyhawke

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Thu Jul 05 2012 06:14:11 PM EDT from triLcat

I think UK's sales tax is like 20%, but it's called VAT.

Even ours is lower. It's been 16% for a while, but now it's going back up to 17%. Oh frabjous day!

It does seem unfair that after the country takes over a third of your salary, they then turn around grab another 17% from everything you buy, including food.

 



Ouch.  What's the rest of the structure like, though....income, re, etc.?  Just wondering what other folks deal with.



[#] Fri Jul 06 2012 12:44:55 EDT from IGnatius T Foobar

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Consumption based taxes have been talked about in the US. It's a good idea, but implementing it here would be *very* dangerous. The problem is that income taxes would need to be *permanently* eliminated as a prerequisite to the introduction of a consumption tax ... otherwise it would be inevitable that a future taxation-happy set of legislators would skyrocket *both* of them.

As it is, we are about to get smacked with one of the biggest tax hikes in history (conveniently scheduled to take place *after* those who voted for it are up for re-election).

[#] Fri Jul 06 2012 13:08:02 EDT from Ladyhawke

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Surprised Congress hasn't figured out yet how to exempt themselves from sales and income taxes the way they have from various investment requirements or standard healthcare options.



[#] Fri Jul 06 2012 16:06:36 EDT from arabella

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For the average Joe/Joanne Income tax is 20%, then there is "National Insurance" which is 12% (both calc'd on the gross figure, tax is only paid above a threshhold, but N.I. is payable by all earners.)

 

National Insurance covers things like the N.H.S. and the State Pension, while Income Tax, is for well, who knows?  the military, civil service, and whatever else the Govt. sees fit...

 

Then there's Road Fund Licence, an annual tax paid on cars, buses, and trucks. This varies depending on a set of criteria (emissions, engine size, etc)

 

Stamp Duty, is a tex on the purchase price of a house. There are more, and increasingly complex taxes, but remember, the wealthy, can usually minimise their tax liability using loop-holes, and clever accountants.



[#] Fri Jul 06 2012 21:09:01 EDT from Ladyhawke

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Hmm.  LS and Rag have much better heads for the #s than I.  But simplistically, it doesn't sound all that much different from here once it's all added up, aside from the 20% VAT....



[#] Fri Jul 06 2012 21:32:14 EDT from zooer

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Consumption based taxes have been talked about in the US. It's a good
idea, but implementing it here would be *very* dangerous. The problem


I don't think it would happen because people would never understand how it works. Not to mention all the IRS agents, all the tax
preparers and tax lawyers would be out of a job.

[#] Sat Jul 07 2012 23:32:42 EDT from Ladyhawke

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Fri Jul 06 2012 09:32:14 PM EDT from zooer
Consumption based taxes have been talked about in the US. It's a good
idea, but implementing it here would be *very* dangerous. The problem

I don't think it would happen because people would never understand how it works. Not to mention all the IRS agents, all the tax
preparers and tax lawyers would be out of a job.

And this would be differeent from today?  ;-)



[#] Mon Jul 09 2012 16:55:25 EDT from athos-mn

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I know it's playing with semantics, but I honestly can't see why, when a tax cut is written into law as temporary, letting them expire is called a tax hike, when in reality it's just an expiration; the tax equivalent of the "one week sale" signs going down.

[#] Mon Jul 09 2012 18:11:54 EDT from zooer

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It is the same thing when budgets don't get increased they call it a cut. It is really just the same budget as the previous
year.

[#] Tue Jul 10 2012 14:19:01 EDT from wizard of aahz

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Cause this way people can make things look how they want them to look and there are enough stoopid people to beleive them.

[#] Tue Jul 10 2012 14:47:40 EDT from arabella

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Here is the link to the sponsorship site for my parachute jump: jump4pounds

 

I'll appreciate any amount  anyone sends. I know there's not much money about these days, not even for hard working geeky types :-D

 

There is a comment section, it'll really help things if you could remember to note there that your sponsorship is for me.

 

Thanks guys.



[#] Fri Jul 13 2012 17:46:53 EDT from IGnatius T Foobar

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That's pretty cool. Have fun!

[#] Fri Jul 13 2012 18:17:38 EDT from cenu

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I am currently testing out the Citadel BBS software. Does anyone know how to download files on a BBS through the terminal?
I'm planning on hosting a BBS with downloadable applications for Windows and UNIX.


[#] Fri Jul 13 2012 18:47:46 EDT from cenu

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Nevermind. I figured it out.

[#] Fri Jul 13 2012 21:22:47 EDT from LoanShark

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Consumption based taxes have been talked about in the US. It's a good


In general, I'm in favor of them if they're Pigouvian, but we really don't need new taxes right now. The appropriate tax rate for the next 12-18 months is 0%.

[#] Tue Jul 17 2012 17:59:21 EDT from ax25

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I could sure use a

cd

sac

ads

vc

right about now.



[#] Wed Jul 18 2012 11:47:52 EDT from IGnatius T Foobar

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Random characters for the win!

[#] Wed Jul 18 2012 18:57:51 EDT from triLcat

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Ziggy

Fat Albert

The Fonz

Lana Lang

Cathy

Zorro

Malcolm Reynolds

Pocahontas



[#] Thu Jul 19 2012 05:06:18 EDT from triLcat

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(am I trying too hard?)



[#] Thu Jul 19 2012 11:13:44 EDT from fleeb

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You could have mentioned George Michaels and Lil' Abner.

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