DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Five things we learned from Tuesday's GOP debate

**HugoSimon** · 10-21-2011, 07:33 PM

I don't have a problem with the concept no.

"McDonalds, how may I help you?

"I'll have Two Double Cheeseburgers and a Large Coke and a Large Fries"

"Ok, that will be $5.80"

"Make it a Medium Fries"

Boy what a tough world we'd live in.

Perhaps it's better explained like this: I'm a GS-7 Step 1 in the Hampton Roads are of Virginia. My annual income is $38,790.00. I contribute 5% to TSP, so with the tax bracket adjustment, I pay $72 (rounded to the nearest dollar) a month in federal taxes.

Now let's think about this for a second. I spend about $200 a payday on groceries, and I get paid bi-weekly. So my groceries come out to $433 a month.

If you replaced federal income tax with a nine percent sales tax, nine percent federal sales tax on my groceries ALONE comes out to $39 - which is already more than half of the federal income tax that I would have paid. Mind you, I have to buy clothes and other household items, and pay other bills.

The amount of income tax that I would be paying per month under this 999 plan would at least be three times as high as what I'm paying in federal income tax now. AT LEAST three times as high - and I'm just talking about my deduction. You have to consider the fact that even with a federal duction of about $72 a month, I still get a tax return. There's no tax return on sales tax.

If someone wants to surgically attach their lips to the asses of the billionaires who don't give two $#!+$ about them, fine. But that sure as hell isn't me.

10-21-2011, 07:33 PM	#26
HugoSimon Join Date Oct 2005 Posts 495 Senior Member	I don't have a problem with the concept no. "McDonalds, how may I help you? "I'll have Two Double Cheeseburgers and a Large Coke and a Large Fries" "Ok, that will be $5.80" "Make it a Medium Fries" Boy what a tough world we'd live in. Perhaps it's better explained like this: I'm a GS-7 Step 1 in the Hampton Roads are of Virginia. My annual income is $38,790.00. I contribute 5% to TSP, so with the tax bracket adjustment, I pay $72 (rounded to the nearest dollar) a month in federal taxes. Now let's think about this for a second. I spend about $200 a payday on groceries, and I get paid bi-weekly. So my groceries come out to $433 a month. If you replaced federal income tax with a nine percent sales tax, nine percent federal sales tax on my groceries ALONE comes out to $39 - which is already more than half of the federal income tax that I would have paid. Mind you, I have to buy clothes and other household items, and pay other bills. The amount of income tax that I would be paying per month under this 999 plan would at least be three times as high as what I'm paying in federal income tax now. AT LEAST three times as high - and I'm just talking about my deduction. You have to consider the fact that even with a federal duction of about $72 a month, I still get a tax return. There's no tax return on sales tax. If someone wants to surgically attach their lips to the asses of the billionaires who don't give two $#!+$ about them, fine. But that sure as hell isn't me.
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