Comments on: A Billionaire’s Thoughts on Taxes http://www.financeandfat.com/archives/a-billionaires-thoughts-on-taxes/ More Wealth, Less Fat Thu, 28 Jan 2010 21:28:36 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Eden http://www.financeandfat.com/archives/a-billionaires-thoughts-on-taxes/comment-page-1/#comment-317 Eden Fri, 14 Dec 2007 04:06:49 +0000 http://www.financeandfat.com/archives/a-billionaires-thoughts-on-taxes/#comment-317 Very true. Certainly no simple solutions, but I hope we can at least move in a better direction some day soon. Very true. Certainly no simple solutions, but I hope we can at least move in a better direction some day soon.

]]> By: Ryan Fitblog http://www.financeandfat.com/archives/a-billionaires-thoughts-on-taxes/comment-page-1/#comment-316 Ryan Fitblog Thu, 13 Dec 2007 02:01:33 +0000 http://www.financeandfat.com/archives/a-billionaires-thoughts-on-taxes/#comment-316 As good an idea as that is, how do you enforce it? You can't tax at the time of purchase because it would slow down the transaction. So you would have to tax in April, in which case, the government is relying on everybody not only keeping track of, but being honest about, the purchases they made in the previous year. There are still definitely some kinks to iron out. As good an idea as that is, how do you enforce it? You can’t tax at the time of purchase because it would slow down the transaction. So you would have to tax in April, in which case, the government is relying on everybody not only keeping track of, but being honest about, the purchases they made in the previous year.

There are still definitely some kinks to iron out.

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