Archived House Bill eliminates ALL Federal TAX'S Bill was submitted on 1/3/19 (theawakening)
submitted ago by Boilerman
Posted by: Boilerman
Posting time: 1.9 years ago on
Last edit time: 1.9 years ago on
Archived on: 4/13/2019 10:00:00 AM
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65 upvotes, 1 downvotes (98% upvoted it)
Archived House Bill eliminates ALL Federal TAX'S Bill was submitted on 1/3/19 (theawakening)
submitted ago by Boilerman
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[–] moblodite 0 points 3 points 3 points (+3|-0) ago (edited ago)
Read it all ! Devil is in the details, Still a federal tax of 14.91 %.. Only change.. its collected by the States to send to the fed. and many state taxes increase , such as property at 23%, We also still pay State and Fed Gas tax, Telecommunications tax (phone, cable TV, Satellite, Internet use , Electricity, Vehicle and much more) We will pay a tax for any service used. but Insurance payments is deductible- bad part... if you use that insurance you pay tax on the amount paid out. Plus the taxes on all non essential goods will be extreme , Not sure of rate. for example if we buy a TV, game console, car, Motorcycle, computer, cloths, appliances, furniture and so on....Not all details are included yet in this plan. But Im almost betting.. They are going to sneak in ways that we end up paying much more than we do currently. I dont trust it as written. But thats just my opinion. (Yes.. I read the entire thing)
[–] singlebrain1 0 points 3 points 3 points (+3|-0) ago
EU countries, value added tax is between 20-24%. If we adopt these kinds of taxes, new cars would be unaffordable to the working class. We should tax non American Businesses instead (Toyota, BMW, etc) and tax foreigners who buy up our real estate and American Businesses. I wonder how many of our media is foreign owned. I would not be surprised to find out that the corruption of our MSM is foreign intervention.
[–] moblodite ago
Thats Value added?? Wheres the Value come in? But sounds like they want to tax us about the same here.
[–] Boilerman [S] 0 points 2 points 2 points (+2|-0) ago
It's one TAX and one TAX only 10% Max on all non-essential purchases period. The other tax's u mentioned are paid by thw states at the end of the yr, to the gov.
[–] moblodite ago
I could be wrong but I dont think do.. Says pretty clear that we will still pay Tax on services such as Electricity, Cable TV, phones, Internet and so on. I didnt see where it said 10%, but if correct that wouldnt be too bad. I guess we would have to wait and see how it comes out.