Robin Hood tax for banks.

sjkted · 03-03-2010, 05:17 PM

Here's some food for thought. Sales tax is a tax on the merchant. The money comes out of the merchant's bank account and goes straight to the state. The merchant is responsible for paying the tax and is responsible for the necessary paperwork. The state does not require that the merchant pass the tax onto the customer. But, wait where does 100% of the company's revenues come from? Unless they are government subsidized, all of it comes from the customer. And even if they were subsidized, it would still be coming from the taxpayer.

In other words, this is a proposal for a tax on you and me and anyone else who uses money and has a bank account.

You may choose as you wish. If you vote yourselves into slavery, at least don't say nobody warned you.

--sjkted

03-03-2010, 05:17 PM	#13
sjkted Avalon Senior Member Join Date: Sep 2008 Location: LA County Posts: 361	Re: Robin Hood tax for banks. Here's some food for thought. Sales tax is a tax on the merchant. The money comes out of the merchant's bank account and goes straight to the state. The merchant is responsible for paying the tax and is responsible for the necessary paperwork. The state does not require that the merchant pass the tax onto the customer. But, wait where does 100% of the company's revenues come from? Unless they are government subsidized, all of it comes from the customer. And even if they were subsidized, it would still be coming from the taxpayer. In other words, this is a proposal for a tax on you and me and anyone else who uses money and has a bank account. You may choose as you wish. If you vote yourselves into slavery, at least don't say nobody warned you. --sjkted