If i buy a 20 dollar watch. No tax

thats differnt

thats all state sales tax

If i buy a 1000 dollar watch. 500 tax

omo

If i buy a 10million dollar house. 5 million tax

150k house. No tax

So tax is calculated on a good by good basis?

that is a large tax

not like they arent already

It needa to go by what u r using

In NZ we have a flat tax of 15% on all goods

The rich will still buy it

damn

Other taxes for other services

It will teach ppl to live within their means

the sales tax various state to state, and some items are exempt

If u want to live crazy rich. U pay for it

I would be paying hardly any tax

Lol

Most ppl wouldnt pay taxes

i think that is a bit unreasonable

So you wouldn't support a government that cut taxes on Yaughts

Its not

Its called the fair tax act

It works

i think the rich should pay more then they are, but they should be handed the entire tax bill

Poor ppl have no business paying taxes

Its pointless

I think closing the current loopholes is better than redoing the whole system

it should scale, like it does

capital gains tax would probably be a good target

Oh you don't have that either?

That's out big issue

the US has it, but it is really small

Investment property pricing everyone else out

We have 0%

hot damn

Yeah

spicey

*goes to invest in NZ property, just to annoy nat*