|
|
|
8 dog training tips for you and your dog.
You have permission to publish this article electronically or in print, free of charge, as long as the bylines are included. A courtesy copy of your publication would be appreciated. fayolap@yahoo.com Dog Training Tips 8 dog training tips for...
Fun & Fast Family Portraits
Publishing Guidelines: Feel free to publish the following article in its entirety in your ezine, website, or print newsletter. The resource box must be included with an active link. Please send a courtesy copy of the publication in which the...
If You'd Like To Know Why Reading Matters
Here Are Some of the Reasons Why Reading Is So Important for Children Why Do We Tell Children to Read ? We're always telling children that books and reading are good for them, but have we ever really thought about why that's true ? Exactly what...
MOVING INTO A NEW APARTMENT? KNOW ALL THE COSTS
When you move in to a new apartment, the landlord may charge you more than the first month's rent. Before you sign the lease, make sure you understand exactly what you're going to be charged, and get it in writing. Security Deposit: This is...
Why Does One Simple RecoveryPets.Com Pet Tag Mean So Much
When we think of the safety of our pets, the most common element overlooked is the pet id tag. This little metal tag worn around the pets’ neck can increase the chances of the pet being recovered if it ever becomes lost. Pet tags are an invaluable...
|
|
| |
|
|
|
|
|
|
A 23% Federal Sales Tax!! But Wait!
We are so used to having our federal income tax, social security
and medicare taxes withheld from our paycheck, most of us don't
realize there are efforts to change this dramatically. There
is a group going around saying that we should pay 23 cents on
every dollar we spend in a federal sales tax. They must be
crazy!
Wait a minute. If we are going to pay a sales tax to cover our
income and social security tax, we won't have anything except
our state and local taxes coming out of our pay. Even that
doesn't add up to 23%. What are they talking about?
What if they told you that, not only would you not have federal
and social security taxes withheld from your paycheck, you would
see the following things happen:
~Elimination of the Internal Revenue Service, saving an estimated
$420 billion annually
~April 15th would be just another day
~You would not have tax records to keep BECAUSE YOU WOULD NOT
HAVE TO FILE INCOME TAXES
~And, no forms, no deadlines, no prepayments, no penalties, no
audits, and never again an abusive IRS that can claim your
assets without due process!
~Even illegal income would be taxed when it is spent
~Only new items will be taxed
~No American will pay taxes on necessities
~Cost of goods and service are estimated to decrease by 20% to
30% because manufactures and other companies will not be
required to pay taxes (TAXES WILL ONLY BE PAID ON NEW
MERCHANDISE AT THE RETAIL LEVEL)
~No tax on ANY investments
~Each taxpayer will receive a rebate equal to the taxes paid
on necessities such as groceries and medicine, in advance of
those purchases
~Seniors and low income families would be protected
This list could go on and on about the advantages of a National
Sales Tax. The truth is that our current system of
taxation is
totally out of control. The 10s of thousands of pages of tax
laws have even the best tax minds confused.
Yes, 23% does seem like a lot of sales tax to pay in addition
to any state sales tax you might have. You could wind up paying
30% on a car purchase of $20,000. Lets look at some of the
possible savings with a sales tax.
Sales tax on car purchase - $6000
Final Cost of Car - $26000
Cost of car might be reduced 20% because the manufacturer
doesn't pay any taxes under this plan. What is the cost of
the car? $16000
Sales tax on car purchase - $4800
Final cost of Car - $20, 800
But Wait Again! You will be buying this car using your entire
paycheck. NO DEDUCTIONS. That's hard to calculate. I can
almost guarantee it will be below the initial $20000 price tag.
Besides, $20,800 is only 4% above the price of the car, far less
than most state's sales tax.
If you don't think companies will reduce their prices even
though they aren't paying taxes, just imagine an entire nation
knowing they are manufacturing their goods 20% to 30% cheaper
and not passing that savings on to them. In addition, sooner
or later one of their competitors will reduce their price, and
the war is on.
To find out more about the National Sales Tax just visit
Americans for Fair Taxation at http://fairtax.org/ Take your
time to browse the site. You will find answer to almost every
question you might have.
About the Author
Terry Rigg is the author of Living Within Your Means - The Easy
Way http://www.homemoneyhelp.com/ebookadpage.html and editor
of The FREE Budget Stretcher Newsletter and Budget Stretcher
web site http://www.homemoneyhelp.com. He has 25 years of
experience counseling individuals and families concerning their
personal finances.
|
|
|
|
|
|