[nylug-talk] [OT] internet sales tax for NY in Dec. and the US?

[wdg3rd at comcast.net]

From: "J. Oquendo" <sil at infiltrated.net>
> Every dollar earned from your paycheck:
> Federal tax
> State tax
> 
> Buy something with the leftover taxed dollar?
> More tax
> 
> End of year re-check:
> Pay more.
> 
> What is one *really* earning in NY per dollar? 0.65 - 0.78 

Not even close to that.  Remember that everything you buy is highly inflated in price because of the taxes on every step of production (such as income tax if it's made in the USA, both corporate and on the employees especially contributions by both company and employee to the saturated Ponzi Scam commonly known as Social Security) (import duties if it's made elsewhere).

Another hidden cost that goes into everything is the cost of complying with the myriad laws and regulations-with-the-force-of-law about how you do business.  Including the cost of hiring accountants to ensure that the tax forms are filled out right.

Best estimates I've seen is that we're living on about an eighth of what we'd have in an actual free market.

I'll bow out now.  Peter and Ron get soggy and hard to light if I expound my anarchist views oftener than about once per annum.
--
Ward Griffiths    wdg3rd at comcast.net

Well, if you're gonna buy a ticket on the Titanic, you might as well go First Class.

Captain Audie Murphy, Texas Ranger, in _Roswell, Texas_ by L. Neil Smith, Rex May and Scott Bieser.
http://www.bigheadpress.com/roswell/