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"What would be good for the country is to abolish sales taxes entirely." In favor of what, exactly? Don't pretend that sales taxes could just be abolished, and
by s73v3r_ 8y ago
"What would be good for the country is to abolish sales taxes entirely."
In favor of what, exactly? Don't pretend that sales taxes could just be abolished, and states would just go without that revenue. Kansas tried gutting their tax revenue; it failed miserably.
- Dirlewanger 8y agoOf course the guy you reply to has no replacement, and people downvote you. Typical SV noveau-riches that inexplicably hate taxes.
- mullingitover 8y ago- I don't live in SV - I don't hate taxes - I wasn't babysitting this thread - The idea that, of all things, regressive sales tax is the only conceivable and fair thing to get state tax revenues from is ridiculous. Tax land value, most of the appreciation in land value is windfall gain.
- ScottBurson 8y agoI'm strongly supportive of the LVT, but I'm not sure it can be the only tax strategy for every locality in a large and extremely heterogeneous country. Not every locality is seeing rapid appreciation in real estate values.
- mullingitover 8y agoIt doesn't have to be the only strategy, but sales tax isn't the only tax either, and LVT doesn't depend on appreciation.
- sdhgaiojfsa 8y agoProgressive income taxes, or property taxes.
- mullingitover 8y agoThe most reasonable and fair replacement would be land value taxes. See: https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax