Quote:
Originally Posted by candyflip
I don't get why they think all this stuff can be taxed again. If I buy something, use it and then decide to sell it they should be able to collect sales tax twice?
That doesn't seem right. Will the be taxing Garage Salers too?
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i am not sure of canadian law... but realistically in the US we get double adn triple taxed all the time.
Yes, when you have a garage sale, that is income. You are supposed to pay taxes.
When you sell your used car you have already paid sales tax on it, but the buyer pays again from the sale.
If you were to look at how much we get taxed in the US, all of the sudden a flat tax on earnings doesn't start looking so bad (and just get rid of all other taxes). Income tax, sales tax, luxury tax, property tax, capital gains, etc etc etc.