ALL THIS "TAX" STUFF GOT ME THINKING

[Reelcommocean]

Definitely would get people to save some cash instead of blowing it all on useless junk. But if all that useless junk wasn't purchased, what kind of impact do you think that would have on the economy short-term? Long-term I think it would iron itself out but the implementation might be tough.

[GALAZIO]

If someone wants to keep creating "Useless Junk", they will have to adjust their pricing to make it something the markket will accept. Also, they are PAYING TAXES on GOODS BOUGHT to PRODUCE this JUNK, Not taxes on the bottom line after all the "deductions" are taken out of the deal.

A 1000 lbs of plastic bead material to make either fake barf or milk jugs costs the same. (so taxes collected would be the same).

[Gringo]

It affects a lot of things. Accounting, for example. Here, there are no payroll deductions. So, the business owner, or his secretary, can make out the checks as needed, although many laborers here are paid in cash. The math is simple.

How many people in the USA are employed just to keep track of other people's money? Yet, they don't actually contribute anything to the product or service. How much time do people and corporations spend every year trying to get around tax laws, so that they keep as much of the money they earned as is possible? How much do we Americans spend to support the IRS? And we are paying people to take our money and decide what to do with it....

April 15? Just another day here. How many tax filers are there in the USA? a third of the population? So that's what, just roughly 100,000,000 people mailing two tax envelopes every year, at what, .35 each? Did you realize in the USA we therefore spend $ 70,000,000. on postage just mailing in our tax forms, if we just use the simple ones? Oh, and then the IRS mails stuff back...sometimes several mailings. So what do we really spend on postage to pay taxes? I suspect hundreds of millions.

Reckon you could build a school or hospital, or some affordable housing with seventy million dollars in postage stamps?

The waste, and non-productive nature of the US tax system is mind-boggling. And the costs of figuring, dodging, mailing, filing, examining, and collecting taxes goes up and up. Need to raise taxes to pay for it all.

But it sure makes it an easy system to manipulate, doesnt it. If you are one of the manipulators. Me, I like it simple and straightforward. I don't like needing to hire a lawyer to sort it all out.

How much you reckon we spend every year on lawyers and accountants to determine how much of what's left of our money from last year we have to fork over?

Think about it.