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Pastimes : Sound Off - Speak Your Mind
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To: HairBall who wrote (77)11/7/2000 2:27:36 PM
From: No Mo Mo  Read Replies (2) of 595
 
LG-

"Sure, but first let me say more thought than I will put into this post will be needed to determine what is and is not taxable."

I'm not asking for the complete set of criteria, just a single example.

"I assume you missed the following as I listed them more than once in earlier posts on this thread during this exchange...food, health care..."

LG, yes I read what you wrote. I answered with an example about preventative healthcare being a luxury or necessity.

"...food, health care and shelter expenses to a point."

What "POINT"? Feel free to use any of the above as an example. At what point, in any of these, do you draw the line between necessity and luxury and, hence, taxable and non-taxable?

"For instance, booze would likely be taxable as would a meal at a restaurant but most food items at a grocery store would not."

Excellent... Then how about a business meal eaten on the the road? Or how about meals prepared and delivered for home health care? Or how about school lunches? Would these get taxed?

You see...on the surface, I believe we need to be very careful with sales taxes because I subscribe to the interpretation that they are inherently regressive i.e., The lower a person's income the greater the portion their income goes to buying necessities.

Just as the wealthier members of society have those banks of lawyers and accountants to bend the interpretation and categorization of luxury vs. necessity. I think we'd end up with the same Swiss cheese of loopholes that ultimately benefit the "benders" and "interpreters" of tax code.

Thanks for the dialogue and happy election day....:)

-Darin
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