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originally posted by: TheRedneck
a reply to: Xtrozero
Here, food and drink is taxed like anything else.
TheRedneck
originally posted by: Phage
We have a state excise tax. On everything we buy. Which is, indeed, regressive. But I thought we were talking about the federal level.
originally posted by: TheRedneck
It is almost impossible to have a tax which is not regressive in some way. That's just the way things work.
Income tax is the least regressive one we have, and it has created an entire industry centered around filling out forms required to administer it.
TheRedneck
originally posted by: Phage
a reply to: TheRedneck
Heh.
My immediate supervisor (which doesn't really mean much in a company the size of ours) is a staunch conservative and a really good accountant. On Friday he started ranting about how screwed up the new tax situation is. Forms with references to other forms that are not available anywhere, that kind of thing. Our CPA is kind of confused too. Not a "postcard."
I've been using TurboTax for 30 years or so. Haven't gotten to Costco to buy it this year yet so still don't know how I'm going to make out for 2018. Hopefully won't have a big refund, or amount due. We'll see what happens.
I really do not care it is regressive on the other guy just because we are using income as a measurement.
originally posted by: Phage
a reply to: Xtrozero
That is not what you said. I'll quote you again.
I really do not care it is regressive on the other guy just because we are using income as a measurement.
originally posted by: Phage
a reply to: DontTreadOnMe
So, the structure of the US government and politics is the same as that of 1930s Germany. I was not aware of that. Thanks.
I bet they thought a certain Austrian in Germany had no chance of ascending to power either.