The USA are fucked up bad.

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HIGHERBEAM
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Re: The USA are fucked up bad.

Post by HIGHERBEAM » Tue Jul 13, 2010 8:08 pm

Its going straight over his head s/n he is from the loonie left
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Dusty Trail

Re: The USA are fucked up bad.

Post by Dusty Trail » Tue Jul 13, 2010 8:14 pm

Jovial Monk wrote:A GST:

Farmer buys wheat seed, pays GST. Sells his harvest, buyer pays GST, buyer sells to bakery, bakery pays GST. Bakery sells bread to a deli or cafe, cafe pays GST, cafe sells sandwich to consumer, consumer pays GST.

Sales tax: buyer pays sales tax to cafe.

And as you say, sales tax generally is not on services, GST does. GST collects waaaaayyyyyyy more tax than a sales tax. GST is regressive, hitting the poor who have little discretionary income, it all gets spent just on food, rent, clothes.
You, Jovial Monk, have absolutely NO IDEA what the public paid in Sales Tax, before the GST. EVERYTHING became cheaper after the GST.

How about toothpaste being charged at 33% "luxury tax" along with furs and TVs? .... and gillette razors being at 20% whereas female hygiene products were charged at 30%. The GST has made many many items much, much cheaper. Check out new cars, jewellery, computers, TVs and food and anything you might use .....

The ALP did NOT do that ....... Howard's Government did. Are you still whining about paying GST for books, lemons and oranges?

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boxy
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Re: The USA are fucked up bad.

Post by boxy » Tue Jul 13, 2010 8:28 pm

You're right, SN. You claim back GST you pay on inputs to your business, and give the GST collected from customers to the tax man, meaning that businesses don't pay any GST (other than when the owner spends the profits as an end consumer).

What it has done, is to make every registered business owner an unpaid tax collector for the government. Thank god working out 10% is such a simple sum to do.
"But you will run your fluffy bunny mouth at me. And I will take it, to play poker."

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IQSRLOW
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Re: The USA are fucked up bad.

Post by IQSRLOW » Tue Jul 13, 2010 8:31 pm

It is easy to see why JM failed at business :roll:

Dusty Trail

Re: The USA are fucked up bad.

Post by Dusty Trail » Tue Jul 13, 2010 8:52 pm

boxy wrote:You're right, SN. You claim back GST you pay on inputs to your business, and give the GST collected from customers to the tax man, meaning that businesses don't pay any GST (other than when the owner spends the profits as an end consumer).

What it has done, is to make every registered business owner an unpaid tax collector for the government. Thank god working out 10% is such a simple sum to do.
You have no clue either Mister Boxhead. Tell me, what sort of business did you engage in? A DVD/Video one? Or did you try to be a butcher or a baker or a Woolies Manager?

Jovial Monk

Re: The USA are fucked up bad.

Post by Jovial Monk » Tue Jul 13, 2010 8:56 pm

I was just trying to indicate how a GST works compared to a sales tax, is all. But yes, you collect it, deduct GST paid on purchases and forward the difference to the Tax Office.

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boxy
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Re: The USA are fucked up bad.

Post by boxy » Tue Jul 13, 2010 9:04 pm

Dusty Trail wrote:
boxy wrote:You're right, SN. You claim back GST you pay on inputs to your business, and give the GST collected from customers to the tax man, meaning that businesses don't pay any GST (other than when the owner spends the profits as an end consumer).

What it has done, is to make every registered business owner an unpaid tax collector for the government. Thank god working out 10% is such a simple sum to do.
You have no clue either Mister Boxhead. Tell me, what sort of business did you engage in? A DVD/Video one? Or did you try to be a butcher or a baker or a Woolies Manager?
Farming. Sure, I've left out a few details like the treatment of rental expenses, and food exemptions... but what exactly is wrong with what I actually said?
"But you will run your fluffy bunny mouth at me. And I will take it, to play poker."

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J.W. Frogen
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Re: The USA are fucked up bad.

Post by J.W. Frogen » Tue Jul 13, 2010 11:31 pm

Mattus wrote:
Sappho wrote: If you want sources to each shitty fact about the USA go here and whilst you are about it, check out the comments.
Sheesh. I guess with all that it's little wonder that

#51 in 2009, American physicians issued more scripts for antidepressants and anti-anxiety medicines than there were people in America.

Obama has destroyed America.

I sat down by the canals of Babylon and I wept.

Hello Mattus....(Seinfeld voice)

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J.W. Frogen
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Re: The USA are fucked up bad.

Post by J.W. Frogen » Tue Jul 13, 2010 11:34 pm

I am going to be filling in for Glen Beck on his summer vacation.

AiA in Atlanta

Re: The USA are fucked up bad.

Post by AiA in Atlanta » Wed Jul 14, 2010 12:49 am

J.W. Frogen wrote:I am going to be filling in for Glen Beck on his summer vacation.
Sarah Palin will sit on your lap if you do.

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