Dismiss Notice
Join Physics Forums Today!
The friendliest, high quality science and math community on the planet! Everyone who loves science is here!

News Huckabee= 23% sales tax?

  1. Dec 26, 2007 #1
  2. jcsd
  3. Dec 26, 2007 #2
    So if you are living off your savings you will be taxed twice, once when you earned it under the old system, and again when you spend it under the new.
  4. Dec 26, 2007 #3
    Sounds like it, although I'm sure some mechanism would be put in place to recover such loses.
  5. Dec 27, 2007 #4
    The way to lower taxes isn't by taking away income tax and making us pay that kinda sales tax, its to just cut all the crap that government is wasting money on and start trying to run it more like a business. Less money spent = less money needed.

    Obviously government isn't a business, but you have to agree that there's a lot of stuff out there that we really don't need to be spending money on.
  6. Dec 28, 2007 #5


    User Avatar
    Science Advisor

    Either that or businesses would find some smart way to work around the tax. Long long ago, I think North Dakota was the only state that didn't have laws against usury, so all credit agencies put their main headquarters there and had branches in other states. I don't see why something that can't be done to work around sales tax. Put the head location in Canada and have branches in the US. When you buy groceries, you'd be given a bill payable to a location in Canada, in US dollars, and you would pay it at the bank or online just like any other bill you get in the mail :tongue:

    That's also a terribly regressive taxation scheme. It might even discourage spending if people get psyched about how much tax they pay every time they buy stuff. I think it's Norway that has insanely high sales tax; does anybody know is that was successful?

    edit: Sales tax in Norway is about http://visitnorway.com/templates/NTRarticle.aspx?id=28268 [Broken].
    Last edited by a moderator: May 3, 2017
  7. Dec 28, 2007 #6


    User Avatar
    Gold Member

    This semester we study the system only in equilibrium, that is as t-->00. We shall consider transients in a follow on course.
  8. Dec 29, 2007 #7

    Ivan Seeking

    User Avatar
    Staff Emeritus
    Science Advisor
    Gold Member

    After watching and listening to the man for a bit, I have started to refer to him as Chuckybee.

    http://upload.wikimedia.org/wikipedia/en/thumb/8/84/Chuckydoll.jpg/250px-Chuckydoll.jpg [Broken]
    Last edited by a moderator: May 3, 2017
Share this great discussion with others via Reddit, Google+, Twitter, or Facebook