At 6:45 PM 7/30/96, Lucky Green wrote:
At 6:17 7/30/96, Igor Chudov @ home wrote: [...]
Another alternative that I see is property taxes and poll taxes,or taxes on some commodities such as oil. But incomes seem to be hard to track.
What you also will see is an increase in sales tax. You still got to buy groceries locally.
In the spirit of looking for points to quibble about: * food is mostly exempt from sales taxes, in most states in the U.S. Expect a major protest if a loaf of bread incurs a sales tax--I don't expect it anytime soon. * booze has a high tax rate, in excise taxes which can account for as much as 40% of the final price, plus sales tax. If the tax rises much higher, expect increased black market sales. * electronic and computer goods are often untaxed because many order them via mail-order. There have been proposals to tax out-of-state purchases, but the logistics and legal issues are murky (who gets the tax? and why should Idaho, for example, get the tax revenue for an item ordered from Georgia?). Of course, I'm not an expert in answering Igor's original question about where the taxes will come from. I'm more interested in reducing them, not raising them. --Tim May Boycott "Big Brother Inside" software! We got computers, we're tapping phone lines, we know that that ain't allowed. ---------:---------:---------:---------:---------:---------:---------:---- Timothy C. May | Crypto Anarchy: encryption, digital money, tcmay@got.net 408-728-0152 | anonymous networks, digital pseudonyms, zero W.A.S.T.E.: Corralitos, CA | knowledge, reputations, information markets, Licensed Ontologist | black markets, collapse of governments. "National borders aren't even speed bumps on the information superhighway."