pocketfullofshells
Well-Known Member
Cain said if we buy used, no sales tax on the sale...
so a new a new 2012 Ford Fusion for lets just say its 25,000, a Used 2011 costs 20,000 today
Now change tax code to 9-9-9....
the new cars cost just went up 9%
New Business idea..Buy New cars...Drive them to my lot..sell them for 1000 less then the new ones...and sell them as used with 50 miles on them...and no tax...pocket 1000 for each sale.
Also what about a home...if I buy a home that someone else lived in does that mean I pay no sales tax...( nice since a 300,000 means 53,000 in taxes with no Mortgage Deduction anymore)
I could make a killing building homes for people, living in it a week and then selling it to them.
so a new a new 2012 Ford Fusion for lets just say its 25,000, a Used 2011 costs 20,000 today
Now change tax code to 9-9-9....
the new cars cost just went up 9%
New Business idea..Buy New cars...Drive them to my lot..sell them for 1000 less then the new ones...and sell them as used with 50 miles on them...and no tax...pocket 1000 for each sale.
Also what about a home...if I buy a home that someone else lived in does that mean I pay no sales tax...( nice since a 300,000 means 53,000 in taxes with no Mortgage Deduction anymore)
I could make a killing building homes for people, living in it a week and then selling it to them.