I think the average citizen is going to see no less than a $1,500 or more increase in what it's going to cost for basic living next year,... Taking sales tax off food isn't going to take care of all of that, but I think it's a way that we can help.
Brick and mortar businesses - and the communities that depend on them - cannot continue to bear an unfair sales tax burden from which their on-line competitors are effectively exempt.
Portland is a really great city, especially because I'm a shopper and there's no sales tax! That really adds up so fast, because in California, a $1000 pair of shoes ends up costing another $100.
Eastern Washington families and businesses should be able to deduct every penny of state and local sales tax they pay throughout the year from their federal tax bill, especially when people in most states are deducting their state income taxes.
We are all used to paying a sales tax when we buy things - almost 9 percent here in New York City. The application of this concept to the financial sector could solve our need for revenue, bring some sanity back into the financial sector, and give us a way to raise the revenue we need to run the government in a fiscally responsible way.
The 9-9-9 plan would resuscitate this economy because it replaces the outdated tax code that allows politicians to pick winners and losers, and to provide favors in the form of tax breaks, special exemptions and loopholes. It simplifies the code dramatically: 9% business flat tax, 9% personal flat tax, 9% sales tax.
We have reduced sales tax on food. Now we want it eliminated.
A consumption tax, a national sales tax makes some sense. But I think that if we move towards a Fair Tax, if we move towards a national sales tax, we have to make sure that we do away with the income tax.
Every sandwich I sold, the city got more sales tax, the state got more. But they came in and they would want to give me a ticket because I have a sign outside trying to get more business, right?
I don't see how a lowering of VAT helps much, in terms of stimulus. VAT is a form of sales tax. It gets paid when you spend. A stimulus should put money in your pocket before you have actually spent the money.
