Exactly. Sales tax in Lawton is 9% now. Shop labor at the car dealerships here are $100.00 plus per hour. An $1100 labor bill would cost another $99.00 in taxes (at the current sales tax rate in L-Town). Wonderful, bloody fricking wonderful.Taxing labor is nuts. He can stick it up his rear.
Taxing labor is nuts. He can stick it up his rear.
Exactly. Sales tax in Lawton is 9% now. Shop labor at the car dealerships here are $100.00 plus per hour. An $1100 labor bill would cost another $99.00 in taxes (at the current sales tax rate in L-Town). Wonderful, bloody fricking wonderful.
Would lead to a little more bartering...ya think
(not that I would skirt my fair share of taxes,( this is what I thought when I first read this) )
I can see a couple problems with this. People on a fixed income would have less income available as everything would be taxed at a higher rate. On top of that those people who are likely on a fixed income would also be taxed more as they are often the people who have the most medical bills. Not to mention that the insurance companies are not going to pay their portion of the taxes, that would be pushed on to the person who is insured. Imagine going to a specialist and pay 35.00 copay to begin with and on top of that pay tax for the entire cost of the service. I can also see that you will be charged the tax up front even if the insurance company has "special rates" that lower the actual cost paid. Put another way, Kid breaks arm and the x-ray is 667.00 while the plan discount is 518.69. While you would only pay around 45 of what's left you get to pay the tax on 667.00, won't that be a kick in the pants. And that insurance is a service too so let's tack on a tax there as well. Health care costs will get even worse.
Seems like some people will have to just start eating dry dog food under this plan.
Yes but if you notice they like to talk about taxing small ticket items like haircuts and oil changes so everyone will think its not much of a tax.I can see a couple problems with this. People on a fixed income would have less income available as everything would be taxed at a higher rate. On top of that those people who are likely on a fixed income would also be taxed more as they are often the people who have the most medical bills. Not to mention that the insurance companies are not going to pay their portion of the taxes, that would be pushed on to the person who is insured. Imagine going to a specialist and pay 35.00 copay to begin with and on top of that pay tax for the entire cost of the service. I can also see that you will be charged the tax up front even if the insurance company has "special rates" that lower the actual cost paid. Put another way, Kid breaks arm and the x-ray is 667.00 while the plan discount is 518.69. While you would only pay around 45 of what's left you get to pay the tax on 667.00, won't that be a kick in the pants. And that insurance is a service too so let's tack on a tax there as well. Health care costs will get even worse.
Seems like some people will have to just start eating dry dog food under this plan.
McCulloughs proposal doesnt eliminate individual income taxes, even though he also laments those same taxes are too reliant on the oil and gas industry. He would like to have individual income taxes set at a flat rate of three percent with no exemptions. He added that going to zero would be difficult.
Look, were not Texas, and personal income tax is an important revenue stream for us in Oklahoma, he said. A flat three percent rate with no exemptions would still give us that revenue stream while also making us extremely competitive with other states.
Enter your email address to join: