Thread: #Occupy
View Single Post
Unread 11-10-2011, 07:08 PM   #164 (permalink)
Beebs
Poor Sport
 
Beebs's Avatar
 

Join Date: Feb 2004
Location: Indianapolis / Middlebury / Long Lake
Posts: 5,306
Internets: 127341
Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute Beebs has a reputation beyond repute
Send a message via AIM to Beebs
Default

Quote:
Originally Posted by Ironic Mustache View Post
If my dad already paid taxes on money, forcing me to pay additional taxes on the same money is double taxation.
Agree, but a lot of, possibly all money, is taxed at least twice.

Owner of part of a company? Make a profit? Tax. Want that profit? That's capital gains, that's more tax. Buy something? Sales tax, at least, more for many items. Sell that something for a profit? Tax. Make money? Income tax. Give money (over a certain level, 20k maybe?) to somebody? Tax.

At least in the US you tend to notice it (although usually ignore it most of the time), in the UK I noticed that the Value Added Tax is just included in the price, which is both convenient and a way of hiding just how badly you are getting fucked.
Beebs is offline   Reply With Quote