If you were to write tax policy... (user search)
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  If you were to write tax policy... (search mode)
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Author Topic: If you were to write tax policy...  (Read 4859 times)
DanielX
Junior Chimp
*****
Posts: 5,126
United States


Political Matrix
E: 2.45, S: -4.70

« on: August 20, 2005, 05:56:13 PM »

Federal-level:
Flat income tax of 20% of all income over a certain amount ($15,000 for singles and businesses, $30,000 for married couples, add $5,000 per dependent). Applies to all income from individuals and businesses. Few if any exceptions, no AMT junk.
Tariffs from 0-100% on various foreign goods, weighted by diplomatic relations and the governmental status of said country.

State-level:
5% sales tax on all items except groceries. Applies to property sales, but no separate property tax.

Municipal-level:
Property billed for garbage disposal and other services
1% additional sales tax
1-5% extra excise taxes on 'sin' items (ie liquor, gambling, prostitution)

This list does not count lotteries, various fees (ie for drivers licenses, gun licenses, patents, etc) and fines (ie traffic tickets); or toll roads.
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