No need to track anything. You spend $10 you pay 23% tax on that. Spend $100 you pay tax on that. You earn $100,000 and only spend $25k you pay taxes on $25k. There is no tax on earnings at all. Cash, credit, debit makes no difrerence. The ONLY tax is sales tax to the final user of the goods. It makes no difference what you make as the only tax is on what you spend. The only way to cheat is with barter or to have a business fake it's books. BillR
-----Original Message----- From: "Wonko the Sane" <[EMAIL PROTECTED]> To: "Mercedes Discussion List" <mercedes@okiebenz.com> Sent: 6/22/08 11:27 PM Subject: Re: [MBZ] More government waste How are you going to track what I spend if I pay in cash? I dropped about $40 yesterday at the local farm store on projects. Will I have to give my Social Security Number every time I make a purchase? I put $30 diesel into my 240D today and used my debit card -- will that be tracked? I try really hard to forget my wacko-religion upbringing, but the Book of Revelation is flashing warning signs to me. D. On Sun, Jun 22, 2008 at 11:01 PM, Bill R <[EMAIL PROTECTED]> wrote: > At the beginning of each month everyone, rich or poor, would be given a > prebate [if that is a word] of the 23% taxes up to the poverty line. Spend > only that and you > essentially pay no taxes, spend more than whatever the federal poverty line > is and pay more taxes. > -- LT Don http://don.homelinux.net/~don/ apt-get update apt-get upgrade _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
