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IWETHEY Home / IWETHEY Board / News Picks Forum / I don't think so.
Post #12,609
by addison
10/10/01 10:47:23 AM
Reply
New I don't think so.
must you then collect (and, eventually distribute to the gov't) National Sales Tax (NST) from the entity that buys your shares?

I wouldn't think so.

How 'bout that used car?

Again, I wouldn't think so - tax was already paid on it. You'll be paying sales tax on the fuel, oil, and parts for said car.

Or Software consulting services?

Harder question, but it its true services, no different than what's now.

Or barter?

Nope. Just like now. But you'll have paid the tax on whatever you bought to barter with, or the raw materials (in most cases).

The other cases are going to be limited enough that I don't think right now its a concern.

Addison
Post #12,612
by Silverlock
10/10/01 10:53:00 AM
Reply
New Sales tax on used cars
Don't know about other states, but Illinois requires the seller to collect sales tax on a used car.
For every human problem, there is a neat, simple solution;
and it is always wrong
H. L. Mencken, Mencken's Metalaw
Post #12,620
by addison
10/10/01 11:16:03 AM
Reply
New Re: Sales tax on used cars
Yes, I know sometimes that's required.

In my system, I wouldn't (double taxation). Tax on the people buying from dealers (and used cars from dealers would be subject to taxation, I suppose).

Doesn't change things all that significantly. Alternative: buyer pays ST when the car's registration changes. No need for adding new levels of bureaucracy that way.

Addison
     Let's hype the Internet sales tax revenue loss some more - (wharris2) - (56) - Oct. 8, 2001, 10:56:45 PM EDT
         Sales Tax - (jbrabeck) - (55) - Oct. 9, 2001, 08:37:56 AM EDT
             Which is why it's time to scrap the sales tax. - (inthane-chan) - (54) - Oct. 9, 2001, 12:31:17 PM EDT
                 Acceptable if . . - (Andrew Grygus) - (53) - Oct. 9, 2001, 12:40:27 PM EDT
                     Yeah, that's what I was suggesting. - (inthane-chan) - (52) - Oct. 9, 2001, 12:49:35 PM EDT
                         Flat tax, negative income tax - (wharris2) - (51) - Oct. 9, 2001, 02:06:23 PM EDT
                             How about scrap income tax altogether - (Fearless Freep) - (50) - Oct. 9, 2001, 02:16:43 PM EDT
                                 Re: How about scrap income tax altogether - (wharris2) - (8) - Oct. 9, 2001, 02:46:01 PM EDT
                                     Re: How about scrap income tax altogether - (Fearless Freep) - (7) - Oct. 9, 2001, 02:50:27 PM EDT
                                         Doesn't matter - (wharris2) - (4) - Oct. 9, 2001, 03:03:08 PM EDT
                                             Yeah... - (Fearless Freep) - (3) - Oct. 9, 2001, 03:13:40 PM EDT
                                                 Depends on how you look at the numbers... - (Another Scott) - (1) - Oct. 9, 2001, 04:07:30 PM EDT
                                                     Re: Depends on how you look at the numbers... - (Fearless Freep) - Oct. 9, 2001, 04:14:45 PM EDT
                                                 Re: Yeah... - (wharris2) - Oct. 9, 2001, 05:59:25 PM EDT
                                         No. - (Andrew Grygus) - (1) - Oct. 9, 2001, 03:28:11 PM EDT
                                             Impossible... - (Fearless Freep) - Oct. 9, 2001, 03:51:09 PM EDT
                                 The only way I'd go for this... - (inthane-chan) - (40) - Oct. 9, 2001, 03:43:22 PM EDT
                                     Umm... - (Fearless Freep) - (1) - Oct. 9, 2001, 03:48:48 PM EDT
                                         Well then... - (inthane-chan) - Oct. 9, 2001, 04:03:41 PM EDT
                                     Don't get yourself in debt... - (admin) - (32) - Oct. 9, 2001, 03:57:33 PM EDT
                                         Yeah, I know there's more to it than that... - (inthane-chan) - (18) - Oct. 9, 2001, 04:01:45 PM EDT
                                             Which net? - (Fearless Freep) - (17) - Oct. 9, 2001, 04:09:55 PM EDT
                                                 Doesn't work for everybody. - (inthane-chan) - (16) - Oct. 10, 2001, 12:25:05 PM EDT
                                                     Re: Doesn't work for everybody. - (Fearless Freep) - (15) - Oct. 10, 2001, 01:08:05 PM EDT
                                                         So how would you fix it? -NT - (inthane-chan) - (14) - Oct. 10, 2001, 01:11:36 PM EDT
                                                             I wouldn't - (Fearless Freep) - (12) - Oct. 10, 2001, 01:29:05 PM EDT
                                                                 You're only looking at the bad. - (addison) - (2) - Oct. 10, 2001, 02:32:58 PM EDT
                                                                     Re: You're only looking at the bad. - (Fearless Freep) - (1) - Oct. 10, 2001, 02:57:12 PM EDT
                                                                         Re: You're only looking at the bad. - (addison) - Oct. 10, 2001, 04:03:26 PM EDT
                                                                 And life was better a hundred years ago? - (ben_tilly) - Oct. 10, 2001, 06:38:20 PM EDT
                                                                 Wow, how *impressively* wrong you can be! - (CRConrad) - (7) - Oct. 11, 2001, 05:09:48 PM EDT
                                                                     Jerico. - (a6l6e6x) - Oct. 11, 2001, 10:29:07 PM EDT
                                                                     Cackle.. glorp - (Ashton) - (5) - Oct. 12, 2001, 06:34:42 PM EDT
                                                                         Belladonna? Uhm... Thanks - I think! :-) -NT - (CRConrad) - (4) - Oct. 14, 2001, 11:58:03 AM EDT
                                                                             belladona dilates the pupils (eye-opener) -NT - (boxley) - (3) - Oct. 14, 2001, 07:57:15 PM EDT
                                                                                 3 ears and a tail.. - (Ashton) - Oct. 15, 2001, 02:50:16 AM EDT
                                                                                 There's such a thing as being too open-eyed. - (marlowe) - (1) - Oct. 17, 2001, 01:30:42 PM EDT
                                                                                     Actually, I was thinking (and "thank?"ing Ashton for)... - (CRConrad) - Oct. 18, 2001, 07:36:21 AM EDT
                                                             Clarification - (Fearless Freep) - Oct. 10, 2001, 01:31:29 PM EDT
                                         Yup - (Fearless Freep) - (2) - Oct. 9, 2001, 04:05:41 PM EDT
                                             Been there - (tuberculosis) - Aug. 21, 2007, 05:43:29 AM EDT
                                             Escrow companies for contractors. - (inthane-chan) - Oct. 10, 2001, 12:15:45 PM EDT
                                         Re: Don't get yourself in debt... - (jbrabeck) - (9) - Oct. 10, 2001, 03:14:56 PM EDT
                                             Sorry To Hear That - (deSitter) - (8) - Oct. 11, 2001, 11:44:49 AM EDT
                                                 Very Important. - (imric) - (7) - Oct. 11, 2001, 10:07:24 PM EDT
                                                     Thanks - we finally have a diagnosis - (jbrabeck) - (6) - Oct. 12, 2001, 09:54:42 AM EDT
                                                         I'm with you, buddy - (jb4) - (2) - Oct. 12, 2001, 10:08:23 AM EDT
                                                             Please email me direct. - (jbrabeck) - (1) - Oct. 12, 2001, 01:24:27 PM EDT
                                                                 10-4...write you this weekend - (jb4) - Oct. 12, 2001, 01:29:00 PM EDT
                                                         I will. -NT - (imric) - Oct. 12, 2001, 10:11:25 AM EDT
                                                         One more... - (inthane-chan) - Oct. 12, 2001, 12:05:11 PM EDT
                                                         You have my support - (Silverlock) - Oct. 12, 2001, 12:09:03 PM EDT
                                     Re: The only way I'd go for this... - (addison) - (4) - Oct. 9, 2001, 04:40:00 PM EDT
                                         So if you SELL a stock... - (jb4) - (3) - Oct. 10, 2001, 09:10:27 AM EDT
                                             I don't think so. - (addison) - (2) - Oct. 10, 2001, 10:47:23 AM EDT
                                                 Sales tax on used cars - (Silverlock) - (1) - Oct. 10, 2001, 10:53:00 AM EDT
                                                     Re: Sales tax on used cars - (addison) - Oct. 10, 2001, 11:16:03 AM EDT

I don't like those orange potatoes like that.
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