Texas tax none

busterb · 08-30-2004, 12:29 AM

Why the bushs are from Texas. Because texas has no income tax. If your're big time from spell check: Kennybunkeport or Marthas vineyard you can claim the ahole State of texas as home & skate on tax.

1 more beer then?

Nothing But Net · 08-30-2004, 12:54 AM

Well, friend, I'm from Texas myself and I am definitely not 'skating on tax'. But you are welcome to have another beer if it will make you feel better.

Happy Monkey · 08-30-2004, 07:00 AM

Are you saying Texas does have an income tax, or that you make up for it in sales and property tax?

I've got no point here, just curious.

Clodfobble · 08-30-2004, 08:56 AM

We make up for it in sales and property tax. Local sales tax in Austin is 8.25 % (state plus local.)

busterb · 08-30-2004, 09:16 AM

Was I wrong about the income tax? or just loaded? Last time I did a Google on it, maybe I misconstrued what I found! Sorry

Clodfobble · 08-30-2004, 09:46 AM

No no, buster, we definitely don't have an income tax here in Texas. But our other taxes are higher to make up for it, so we're not getting any kind of special deal.

Happy Monkey · 08-30-2004, 10:31 AM

Plenty of rich people who live elsewhere put states like Florida down as their home state, to avoid income tax. This is one reason Ditka isn't running against Obama - he'd have to move his legal residence back to his actual residence. I don't think we can tar Bush with this particular brush, though, since he actually lived there for quite a while.

smoothmoniker · 08-30-2004, 01:56 PM

Quote:

Originally Posted by Clodfobble

We make up for it in sales and property tax. Local sales tax in Austin is 8.25 % (state plus local.)

Don't ever come to the People's Republic of California. That's the sales tax here in LA too, plus the highest property taxes in the country (in dollars per person) and a HUGE income tax.

You'd think with all that money coming in we could, you know, fix the roads and keep the hospitals open, buy books for kids and pay our teachers.

Oh well.

-sm

Happy Monkey · 08-30-2004, 02:26 PM

Quote:

Originally Posted by smoothmoniker

plus the highest property taxes in the country (in dollars per person)

That's a strange way to count property taxes. Not that I'm disputing California's reputation as a high-tax area.

Anyway, I doubt that property and sales taxes can make up for income tax, for the extremely wealthy. For the most part, the wealthier you are, the smaller the percentage of your income goes to property and purchases (assuming a modicum of restraint - see Mike Tyson).

Happy Monkey · 09-14-2004, 11:22 PM

Here's an article on a national sales tax.
Plus, my dad's quoted in it.

Undertoad · 09-15-2004, 07:30 AM

Dude! Were you aware that your dad is chief Democratic tax counsel for the Ways and Means Committee??

well done i say

Happy Monkey · 09-15-2004, 09:42 AM

I didn't know about "chief", so that's cool. The rest I knew.

xoxoxoBruce · 09-16-2004, 06:50 PM

I find that sales tax proposal really scary.

wolf · 09-18-2004, 09:55 PM

It might cut into your doodad purchasing power, but overall you should come out ahead if they are not taking the government's cut out of your salary anymore.

Happy Monkey · 09-18-2004, 11:08 PM

Only the extremely wealthy would come out ahead. Everyone else spends a higher percentage of their money. Ironically, the ones worst hit would be those members of the middle class who live on the edge of their means, with massive credit card debt. A distressing number already.

08-30-2004, 12:29 AM	#1
busterb NSABFD Join Date: Jul 2004 Location: MS. usa Posts: 3,908	Texas tax none Why the bushs are from Texas. Because texas has no income tax. If your're big time from spell check: Kennybunkeport or Marthas vineyard you can claim the ahole State of texas as home & skate on tax. 1 more beer then? __________________ I've haven't left very deep footprints in the sands of time. But, boy I've left a bunch.

08-30-2004, 07:00 AM	#3
Happy Monkey I think this line's mostly filler. Join Date: Jan 2003 Location: DC Posts: 13,575	Are you saying Texas does have an income tax, or that you make up for it in sales and property tax? I've got no point here, just curious. __________________ _________________ \|...............\| We live in the nick of times. \| Len 17, Wid 3 \| \|_______________\| [pics]

08-30-2004, 09:16 AM	#5
busterb NSABFD Join Date: Jul 2004 Location: MS. usa Posts: 3,908	Was I wrong about the income tax? or just loaded? Last time I did a Google on it, maybe I misconstrued what I found! Sorry __________________ I've haven't left very deep footprints in the sands of time. But, boy I've left a bunch.

08-30-2004, 10:31 AM	#7
Happy Monkey I think this line's mostly filler. Join Date: Jan 2003 Location: DC Posts: 13,575	Plenty of rich people who live elsewhere put states like Florida down as their home state, to avoid income tax. This is one reason Ditka isn't running against Obama - he'd have to move his legal residence back to his actual residence. I don't think we can tar Bush with this particular brush, though, since he actually lived there for quite a while. __________________ _________________ \|...............\| We live in the nick of times. \| Len 17, Wid 3 \| \|_______________\| [pics]

09-14-2004, 11:22 PM	#10
Happy Monkey I think this line's mostly filler. Join Date: Jan 2003 Location: DC Posts: 13,575	Here's an article on a national sales tax. Plus, my dad's quoted in it. __________________ _________________ \|...............\| We live in the nick of times. \| Len 17, Wid 3 \| \|_______________\| [pics]

08-30-2004, 12:54 AM	#2
Nothing But Net Professor Join Date: Sep 2001 Location: Spring, Texas Posts: 1,481	Well, friend, I'm from Texas myself and I am definitely not 'skating on tax'. But you are welcome to have another beer if it will make you feel better.

08-30-2004, 08:56 AM	#4
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	We make up for it in sales and property tax. Local sales tax in Austin is 8.25 % (state plus local.)

08-30-2004, 09:46 AM	#6
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	No no, buster, we definitely don't have an income tax here in Texas. But our other taxes are higher to make up for it, so we're not getting any kind of special deal.

09-15-2004, 07:30 AM	#11
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	Dude! Were you aware that your dad is chief Democratic tax counsel for the Ways and Means Committee?? well done i say

09-15-2004, 09:42 AM	#12
Happy Monkey I think this line's mostly filler. Join Date: Jan 2003 Location: DC Posts: 13,575	I didn't know about "chief", so that's cool. The rest I knew. __________________ _________________ \|...............\| We live in the nick of times. \| Len 17, Wid 3 \| \|_______________\| [pics]

09-16-2004, 06:50 PM	#13
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	I find that sales tax proposal really scary. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

09-18-2004, 09:55 PM	#14
wolf lobber of scimitars Join Date: Jul 2001 Location: Phila Burbs Posts: 20,774	It might cut into your doodad purchasing power, but overall you should come out ahead if they are not taking the government's cut out of your salary anymore. __________________ wolf eht htiw og "Conspiracies are the norm, not the exception." --G. Edward Griffin The Creature from Jekyll Island High Priestess of the Church of the Whale Penis

09-18-2004, 11:08 PM	#15
Happy Monkey I think this line's mostly filler. Join Date: Jan 2003 Location: DC Posts: 13,575	Only the extremely wealthy would come out ahead. Everyone else spends a higher percentage of their money. Ironically, the ones worst hit would be those members of the middle class who live on the edge of their means, with massive credit card debt. A distressing number already. __________________ _________________ \|...............\| We live in the nick of times. \| Len 17, Wid 3 \| \|_______________\| [pics]

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