The Breakroom > The Water Cooler

Heads up a 25% V.A.T. coming our way in the US.

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SPiN Racing:
The funny thing about the US... we never really loose taxes... they just get lower for a bit.. people get happy, then it creeps right back up past where it was.. and everyone says.. Ohhh its only a little bit worse than last year.

This continues..   When it gets too high, they figure a way to tax you in a different direction for the same thing. The fact we have a whole carer field of Tax attourneys is just frightening... That we need to have a herd of lawyers to decipher exactly what you CAN do.


An example? My best friend Sued the IRS three times. THREE. And won all three times... That makes me nervous. One that he was sharp enough as a civilian, non-lawyer, non-accountant, helicopter pilot to do that.. And Two.. they made mistakes and he caught it.

Bernd:
Sounds like we might need a world wide Boston Tea party.

Bernd

bogstandard:
The way to look at tax is using a coin for an example.

Almost every time a coin changes hands, it is subject to some sort of tax. It can be income taxes, local taxes, purchase taxes, VAT etc.

During it's lifetime, how much tax does that individual coin raise for the government? I reckon a few million at least, if not a lot more.

The only way around it is to go back to the barter system, as there is no way a goverment can store perishable goods in large volumes. Eggs and bread can't be moved around like digital cash.

When do we start.

John

Darren:
Now....

Well, we already do....swapsies and gifts...... :ddb:

Bernd:

--- Quote from: bogstandard on May 28, 2009, 09:30:23 AM ---The only way around it is to go back to the barter system, as there is no way a goverment can store perishable goods in large volumes. Eggs and bread can't be moved around like digital cash.

John

--- End quote ---

John,

I think a lot of people over here would starve to death. Especially those that only know how to use an I-phone to find their butt hole. :lol:

Bernd

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