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If someone leases a car instead of buying it in many states they still have to pay sales tax, just on each lease payment. Somehow we can figure out how to charg
by _DeadFred_ 2y ago
If someone leases a car instead of buying it in many states they still have to pay sales tax, just on each lease payment. Somehow we can figure out how to charge sales tax on non-sales sales when it impacts the average joe, but not income tax on non-income income when it impact business owners because 'think of the business'. I don't see how taxes when someone extracts value from their company is any different or more difficult than taxing Joe average 'sales tax' on a lease payment.
The business is irrelevant. We are talking about the tax on the person who is getting income because our government functions from taxes on income. Just like how we charge sales tax on a non-sale when state government functions on taxes on sales. Tax business owners when they extract value from their business.