What is OmniNerd?

Welcome! OmniNerd's content is generated by you, the reader. Through voting and moderation we strive to highlight the nerdiest of what's around and provide content that's a little more thought provoking than other sites.

Submit New Content

Voting Booth

I am most afraid of dying?

View Results, All Polls
62 votes, 9 comments
5
Nerd-Its
+ -

RE: They just won't let you do it.

Comment comment by Brandon on 08 February 2008

Aside from the urge to do a great deal more fist shaking, I wonder if this is yet another benefit of the Fair Tax. You pay taxes exactly when you buy something, so there is no issue of either the government or the citizen holding on to the other's money too long.

You are a viewing a subset of a larger discussion.
View Full Discussion
Star This to Save in Your Profile Favorite
Thread parent sort order:
Highest Voted : Lowest Voted : Oldest : Newest
Thread verbosity:
Expand All : Minimize Replies to Comments
2 Nerd-Its - +
RE: They just won't let you do it. by gnifyus :: NR7

FairTax. I don't know. Here is a FairTax Calculator which when I put in some of my own numbers in, seems to add up to a lower tax rate. I'm all for it in that case, as long as the country can survive. I'm a little confused on the used goods exemption. If I buy a car that someone owned for 3 months, do I have to pay any taxes at the point of sale? I can see a lot of slightly used cars, boats and RV's on the market if that's the case.

Posted 08 February 2008, Hide, Parent, Reply