On Thursday, March 31, 2022 at 10:32:37 AM UTC-4, Whisky-dave wrote:
> On Tuesday, 29 March 2022 at 22:01:50 UTC+1, Alan Browne wrote:
> > On 2022-03-29 12:12, Incubus wrote:
> > > On 2022-03-29, Dimitris Tzortzakakis <no...@nospam.com
> > >> Στις 28/3/2022 8:09 μ.μ., ο/η Alfred Molon έγραψε:
> > >>> https://petapixel.com/2022/03/28/camera-crew-robbed-of-35000-in-gear-at-gunpoint-in-san-francisco/
> > >>>
> > >>>
> > >>> $35,000 worth of camera equipment...
> > >> Bummer! Also the center of Athens is notorious for people being robbed
> > >> off expensive gear... I'm a member in a forum and almost every month a
> > >> theft is being reported. The last time they said him there's pigeon crap
> > >> on your head and they took his camera, even from cars they take them
> > >> .Someone was stabbed to death for a 200 euros camcorder....
> > >
> > > Democrat policies in action.
> > Silly conclusion - but that puts you in with a lot of people making
> > silly conclusions in the US.
> I dio find the states a bit confusing (being from the UK) where you have to tell
> them what you have bought so you can be taxed on it, in the UK you are taxed
> at source when you purchase something seems to be fairer on everyone.
That's kind of two political issues in one: the one is the lack of a VAT, and
the other is the presence of a individual-based reporting system for what
amount of taxes are due on individual income tax.
For "No VAT", this is kind of half true: a lot of States have a VAT .. aka "Sales Tax".
So from one perspective, there's probably some who don't want to have a VAT
imposed by both Fed & State levels. Likewise, there's probably capitalistic
lobbying groups who argue that a Fed VAT would reduce consumption, so its
a 'bad idea'. FYI, this broad statement of 'no Fed VAT' has exceptions, such
as Federal "excise" taxes which are effectively a VAT which target some
specific line of goods -- taxes on fuel (gasoline, diesel) for example.
For individual income taxes, there's probably three main reason why it is a self-
report system as opposed to the Government knowing everything that there is
to know about your income sources to calculate what's due.
First one is that a lot of the public would consider it to be creepy & a privacy violation.
Second is that there's a whole industry who benefits as tax preparers when the tax code
is very complex. Companies like H&R Block have lobbied Congress to leave it complex.
Third, there's decades of tax loopholes which have been created to benefit other
specific interest groups who lobby Congress to give them a tax break, and they
benefit from not just the loophole, but because the system is a "push", it gives them
the initiative on how the tax code gets interpreted: this puts the Government legally
on the defense, so the client's lawyer's tax code interpretation usually beats the Government.
Functionally, this expands small loopholes into huge ones that you can drive a train through.