A 23% Federal Sales Tax!! But Wait!

Written by Terry J. Rigg


Continued from page 1

This list could go on and on aboutrepparttar advantages of a National Sales Tax. The truth is that our current system of taxation is totally out of control. The 10s of thousands of pages of tax laws have evenrepparttar 110344 best tax minds confused.

Yes, 23% does seem like a lot of sales tax to pay in addition to any state sales tax you might have. You could wind up paying 30% on a car purchase of $20,000. Lets look at some ofrepparttar 110345 possible savings with a sales tax.

Sales tax on car purchase - $6000 Final Cost of Car - $26000 Cost of car might be reduced 20% becauserepparttar 110346 manufacturer doesn't pay any taxes under this plan. What isrepparttar 110347 cost of repparttar 110348 car? $16000 Sales tax on car purchase - $4800 Final cost of Car - $20, 800 But Wait Again! You will be buying this car using your entire paycheck. NO DEDUCTIONS. That's hard to calculate. I can almost guarantee it will be belowrepparttar 110349 initial $20000 price tag. Besides, $20,800 is only 4% aboverepparttar 110350 price ofrepparttar 110351 car, far less than most state's sales tax.

If you don't think companies will reduce their prices even though they aren't paying taxes, just imagine an entire nation knowing they are manufacturing their goods 20% to 30% cheaper and not passing that savings on to them. In addition, sooner or later one of their competitors will reduce their price, and repparttar 110352 war is on.

To find out more aboutrepparttar 110353 National Sales Tax just visit Americans for Fair Taxation at http://fairtax.org/ Take your time to browserepparttar 110354 site. You will find answer to almost every question you might have.

Terry Rigg is the author of Living Within Your Means - The Easy Way http://www.homemoneyhelp.com/ebookadpage.html and editor of The FREE Budget Stretcher Newsletter and Budget Stretcher web site http://www.homemoneyhelp.com. He has 25 years of experience counseling individuals and families concerning their personal finances.


Why Have A Budget Analysis

Written by Terry J. Rigg


Continued from page 1

I would recommend a Budget Analysis for anyone that is having problems with paying their bills or anyone that consistantly pays their bills late. Also, if you have problems organizing your bills or would like to reduce your debt, a budget analysis may be helpful.

The next step is follow-up. No matter how thorough your budget analysis, you are going to have questions alongrepparttar way. It is important that whoever is doing your budget analysis are available to answer these questions for as long as you needrepparttar 110343 help.

A Budget Analysis is notrepparttar 110344 answer to all of your problems. It is going to take time, organization and discipline to get your finances in order but it can point you inrepparttar 110345 right direction.

Terry Rigg is the author of Living Within Your Means - The Easy Way http://www.homemoneyhelp.com/ebookadpage.html and editor of The FREE Budget Stretcher Newsletter and Budget Stretcher web site http://www.homemoneyhelp.com. He has 25 years of experience counseling individuals and families concerning their personal finances.


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