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51 sats \ 7 replies \ @freetx 31 Jan \ parent \ on: Does Trump have a strategy with these tariffs or is he just YOLOing econ
A national sales tax administered by the states would be much better approach.
We already don't locally tax things like food, rent, or mortgage payments....so you would sort of have the "exclusion" built-in and pre-sorted.
Plus it would subtly shift power back to the states in the sense that they would collect the money and forward to the feds
I agree. It would suck for the small number of places that have no sales taxes in place, though.
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NH has no sales tax but they have excise taxes on alcohol and tobacco
call it a federal excise tax, problem solved
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I would expect most of the localities have sales taxes, though.
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I agree
California has a sales tax 5 percent. Los Angeles is about 4.75 percent
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In that case, the state or feds should pay for a new POS and payroll system for these small businesses
Running a small business is hard enough w/o the state mandating new software upgrades
update:
https://www.tax-rates.org/new_hampshire/excise-tax
NH taxes gas and cell phones.
Alaska, Delaware, Montana, New Hampshire, Oregon
Among these states, we should only provide assistance to Montana. Alaska has so much money from oil. The other states can 'suffer' especially Oregon and Portlandia
second update:
every state has an excise tax on tobacco.
We give a license to sell tobaccco to every hardware/electronic/etc store so they can collect excise taxes on tobacco sales including nicotine vape products
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