Sales tax on many items, even food is taxed.

[RobertEarl]

Last edited Tue Apr 19, 2016, 09:02 PM - Edit history (1)

But there is no tax on stock sales?

Millions of dollars can easily be raised by having a simple small sale's tax placed on stocks.

The only reason there is not such a simple fair tax is because the 1% won't allow even a 1% tax on stock sales.

Bernie is gonna change that. Well, us and Bernie.

[Codeine]

1. Which states tax food?

Thankfully mine does not.

[Ash_F]

2. In Texas if it is "ready to eat"

[tritsofme]

3. Illinois, at least

[Codeine]

4. That's obnoxious.

I dislike sales tax on principle, and doubly so with food.

[Kokonoe]

6. Tennessee taxes all food

even baby food. 10%

[Codeine]

7. Jesus fuck that's reprehensible. nt

[dsc]

10. NC taxes food at 2%

our rate on other goods is about 7%

[randome]

5. Well, out of the set of 'us and Bernie', none of you vote on legislation.

It's Congress that decides these things. So get crackin' and elect some responsible legislators.

Yeah, I know, 'bully pulpit', 'morality', etc. None of that equals even one vote, though.
[hr][font color="blue"][center]Birds are territorial creatures.
The lyrics to the songbird's melodious trill go something like this:
"Stay out of my territory or I'll PECK YOUR GODDAMNED EYES OUT!"[/center][/font][hr]

[hill2016]

8. that is because

sales tax is a consumption tax. Stocks are not bought and sold for consumption. Note that there is no sales tax on real estate either, which is not bought and sold for consumption.

[RobertEarl]

9. I say we call it the one and only Real Fair Tax

A small sale's tax on stock sales would be the fairest tax ever.