If I sell my home for 500k, and I buy a home for 325 (no mortgage) do I pay sales tax?
Tag Archives: sales tax
I want to start a home tutoring business for school children. Do I need to pay sales tax to Michigan state?
I want to start a home tutoring business for school children. Do I need to pay sales tax to Michigan state?
Posted in Homes For Sale
Tagged business, Home, home tutoring business, Michigan, michigan state, sales tax, school, school children, State, tax
Is Oregon California’s Canada, and Washington’s Mexico?
It seems like when you compare the US to Canada, it is similar to comparing California to Oregon. You can cross the northern border, and enter a land of hippies and forests. The same goes for the Washington/Oregon compared to the US/Mexico. You can go south and buy things with no sales tax and have your gas pumped for you like a king.
Posted in Land For Sale
Tagged border, California, Canada, forests, gas, hippies, King, Land, Mexico, northern border, Oregon, oregon california, sales tax, tax, US, Washington, washington oregon
Should taxes be raised to pay off the debt from the Iraq war?
Right or wrong, now the US is in big debt due to the war. Should the government raise taxes to protect the stability of the country’s financial system for future generations? The tax could come in a variety of forms. A gas tax might be one, the US government could put a light tax on land, a sales tax is an option etc. Experts agree that the total cost of the war will be over 1 trillion. Some say it could go up to 2 trillion. This is considering a variety of factors.
Isn’t it time the US end its debtor nation status? It would be painful now but in the future there would be a lot less debt. Of course the whole debt wouldn’t be paid of next year but rather more quickly than it is being paid off now.
Thanks for any response.
Posted in Land For Sale
Tagged future generations, gas tax, iraq war, sales tax, trillion, us government
How would you make the tax system fair?
I personally believe that if spending was taxed instead of income it would be a much more fair system. Instead of having different tax rates for different incomes, and impossible to understand tax laws, wouldn’t a simple flat sales tax be more fair since more taxes would be paid by the rich since they spend more? Wouldn’t this also get away from a lot of the loop holes that companies take advantage of to pay less in tax? When they buy more land, buildings, office equipment… they would pay tax. Simple huh?
I guess I am just interested in hearing other opinions.