Re: [GBlist] Taxing

[Alan Courtright <acourtri@linknet.kitsap.lib.wa.us>]

On Tue, 29 May 2001, Allan Gratia wrote:

> Actually, the number being tossed about is around 17%.  But consider that all
> other taxes would go by the wayside, including income and property taxes,
> corporate and franchise, and payroll.  The resulting savings on goods and
> services including manufacturing costs would, by all accounts, be
> significant.  This would perhaps make us more competitive in the world market
> as well.

But a Transactions Tax might well do the same with a 1% rate.  And it's
easily testable, by imposing a .1% or even a .01% tax to determine (what a
circus it'd be to get 100 economists to estimate whether a 1% transactions
tax would totally replace the income from our current abominable income
tax!).
> 
> Alan Courtright wrote:
> 
> > On Fri, 25 May 2001, Ron Byrd wrote:
> >
> > > consumption tax
> > >
> > > Ray Zorz wrote:
> > >
> > > >
> > > > That's nice. How do you pay for roads, schools, police, fire, etc?
> >
> > A consumption tax is a variant of a sales tax.  Sales taxes would have to
> > be scaringly high to take in enough income to get near replacing what the
> > income tax takes in (though the expenses would be far lower).  A
> > transactions tax, OTOH, might well take in enough to run the whole show at
> > a rate of a mere 1% (though nobody so far has been willing to try to
> > determine just what rate would be needed, mostly because nobody has yet
> > (in this country, at least) taken a transactions tax seriously.
> >
> >                          -|//*Alan Courtright*\\|=
> >                                 Poulsbo, WA
> >                              acourtri@krl.org
> >
> >
> > ______________________________________________________________________
> > This greenbuilding dialogue is sponsored by REPP/CREST, creator of
> > Solstice http://www.crest.org, and BuildingGreen, Inc., publisher of
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> > ______________________________________________________________________
> 

                         -|//*Alan Courtright*\\|=   
                                Poulsbo, WA
                             acourtri@krl.org
                       



______________________________________________________________________
This greenbuilding dialogue is sponsored by REPP/CREST, creator of
Solstice http://www.crest.org, and BuildingGreen, Inc., publisher of
Environmental Building News and GreenSpec http://www.BuildingGreen.com
______________________________________________________________________