national sales tax......?

[VitaMan]

It's called tariffs.


You, me, and millions of other American people and businesses is who pays it.


GDP will continue to shrink because of it.


Prices will continue to rise because of it.

[TheDaliLama]

Every President since at least Clinton has wanted to change our tax system over from an income based system to a consumption base system.

[1blackman1]

Tariffs are worse than a sales tax. They are paid on the front end by the retailer or wholesaler. At least with a sales tax it only gets collected when it’s sold to the end buyer. This is collected regardless of whether it gets sold or sits on a shelf or in a warehouse. That means it will drive up the cost of goods not subject to the tariff since the retailer or wholesaler has to account for the costs across all goods in order to maintain a profit.

[ICU 812]

We all might want to look at the European concept of the "Value Added Tax". There is a tax paid every time a product changes hands , from the producer, through every commercial intermediate step and on through the final sail to the consumer. Do we really want that?

[Why_Yes_I_Do]

It's not a simplistic, zero-sum, formula.

[sand247]

Originally Posted by 1blackman1

Tariffs are worse than a sales tax. They are paid on the front end by the retailer or wholesaler. At least with a sales tax it only gets collected when it’s sold to the end buyer. This is collected regardless of whether it gets sold or sits on a shelf or in a warehouse. That means it will drive up the cost of goods not subject to the tariff since the retailer or wholesaler has to account for the costs across all goods in order to maintain a profit.

That already happens in most states. We pay an inventory tax tagged on to our property tax. And that's every, damn, year. I've paid taxes on some items for years. Why do you think car lots have those massive sales end of year?

https://www.hallacctco.com/blog/texas-inventory-tax

[1blackman1]

Inventory tax, insurance, payment on the note associated with holding the inventory. There’s plenty reasons they have sales. It costs them money to hold inventory. They make money on sales.

[VitaMan]

It always seems to be truck month.


A tariff is simply a way to tax without calling it a tax. The thing is they completely disrupt business planning and reduce trade.

[Why_Yes_I_Do]

Simple is as simple does.

Originally Posted by VitaMan

It always seems to be truck month.


A tariff is simply a way to tax without calling it a tax. The thing is they completely disrupt business planning and reduce trade.

You got a whole lotta simple going on...

[txdot-guy]

Originally Posted by TheDaliLama

Every President since at least Clinton has wanted to change our tax system over from an income based system to a consumption base system.

You think that Obama or Biden wanted to change our tax system to something consumption based? I would seriously like to see if you have some documentation to back that up.

[Salty Again]

Originally Posted by txdot-guy

You think that Obama or Biden wanted to change our tax system to something consumption based? I would seriously like to see if you have some documentation to back that up.

... But you apparently don't need the documentation on
OBama and Biden wanting to the tax system to be INCOME-based.

THAT was always know and understood - yes, mate?

"The rich need to pay their fair share, blah, blah , blah"...

##### Salty

[txdot-guy]

Originally Posted by Salty Again

... But you apparently don't need the documentation on
OBama and Biden wanting to the tax system to be INCOME-based.

THAT was always know and understood - yes, mate?

"The rich need to pay their fair share, blah, blah , blah"...

##### Salty

Apparently income tax has been around for quite some time. So no I don’t need documentation that our presidents supported the existing system.



https://en.wikipedia.org/wiki/Legal_..._United_States

Taxation of income in the United States has been practiced since colonial times. Some southern states imposed their own taxes on income from property, both before and after Independence. The Constitution empowered the federal government to raise taxes at a uniform rate throughout the nation, and required that "direct taxes" be imposed only in proportion to the Census population of each state. Federal income tax was first introduced under the Revenue Act of 1861 to help pay for the Civil War. It was renewed in later years and reformed in 1894 in the form of the Wilson-Gorman tariff.

[VitaMan]

Most or all sales tax are voted on by those who are being taxed. Here we have a tax being imposed in the form of tariffs paid by the American people.

Taxation without representation.

[69in2it69]

Just wait until people see the effects of De Minimus ending. So long Xmas, the Grinch with the wittle mushroom has stolen it.

[Lucas McCain]

I would say I am curious to see how this new ruling on tariffs goes but since it's ultimately up to Trump's Supreme Court, I am sure it will get overturned.

Oh, and sorry to interrupt by bumping this thread the highly politicized MAGA thread programming of killer trannies and the Cracker Barrel logo woke scandal that may turn this country upside down according to nobody but silly MAGA clowns with too much time on their hands. LOL

https://finance.yahoo.com/news/appea...225951836.html

A federal appeals court struck down most of President Trump's Congress-averting global import tariffs Friday in a dispute that's predicted to head to the US Supreme Court.

The 7-4 ruling, issued by 11 judges for the US Court of Appeals for the Federal Circuit in Washington, D.C., allows the tariffs to remain in place while the administration decides on an appeal to the US Supreme Court.


The decision upholds a ruling handed down in May by the US Court of International Trade (CIT), saying that the president lacked legal authority to order, by way of executive orders, a series of global tariffs imposed on US trading partners.

"We affirm the CIT’s holding that the trafficking and reciprocal tariffs imposed by the challenged executive orders exceed the authority delegated to the President," the majority held in the ruling. "We also affirm the CIT’s grant of declaratory relief that the orders are 'invalid as contrary to law.'"