This is ugly. New tax plans make for businesses to pay higher taxes, while the lower property taxes are supposed to offset that tax increase. But if I was a business owner, in facing this tax, I'd increase my prices just a bit to cover my bills. This would spread through all businesses, and eventually to customers. It would hopefully hit more people than just property owners, and so spread the tax burden, but it's hidden. I can't point to a tax bill and say "This much is from tax, and this much is from the cost of doing business.
What would happen if we implemented something like the FairTax on a statewide basis? Everyone pays, everyone gets a refund. Of course, people would fight over distribution, especially the formulas to figure out how much goes to school districts, counties, and cities. What do you think would happen if this actually did make it through the Legislature and People?
Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts
Friday, May 2, 2008
Business taxes
Labels:
property tax
,
taxes
Tuesday, April 15, 2008
It's a singalong!
To the tune of "Oscar Mayer Weiner":
How I wish it was Election Day tomorrow!
That would be so good for the country-ee-ee!
How I wish it was Election Day tomorrow!
'Cause then officials would say goodbye-ee!
It would certainly be interesting if withholding were outlawed, and payroll taxes had to be paid directly by everyone instead of being taken out before you even see them.
Who thinks it would make a difference in who we vote for?
Labels:
taxes
Subscribe to:
Posts (Atom)