About Those Taxes…..

 

BoatNo slick lawyers, or income tax experts can get you out of a national sales tax. It’s so much on the dollar on every luxury you buy. Then, if you like to live in luxury, the poor fellow knows you are paying for it and he will even encourage you to buy more so it will help out the government.  November 2, 1924  Will Rogers

This morning’s post was about closing tax loopholes so I thought I would continue with that thread this afternoon.  I am one that believe that a significant amount of our taxes should be raised with a national sales tax. As Will says in the above post it will almost assure the “poor fellow knows you are paying for it”. That is if we can keep the friends of the rich otherwise known as the “Grand Old Party” from filling the sales tax with giant loopholes for planes and such. And that is a giant “if”.