I paid $0 in sales tax for my groceries. My state doesn’t have sales tax on groceries…
Cfwydirk on
The political discussion was done decades ago.
The owners of this country have the tax code they paid for.
hmnahmna1 on
0% sales tax on groceries. I live in California.
Get back to me when there’s a Federal sales tax.
CanaDoug420 on
“You hear dat Tone? He said I have a concept of a plan.”
Lifesalchemy on
I think the meme needs work. I get the basic gripe but Musks sales tax would be levied on physical property he bought for the business like furniture etc. The tax on the purchase of the business is much more complex. And the tax codes need serious reform.
IbelieveinGodzilla on
On a related note, why do I have to pay SALES tax on a car LEASE payment?
TheWetSock on
Groceries are tax exempt here. Everything else is 6% . If you buy a car in another state pay it off and move here you have to pay 6% of blue book value in tax to get it registered. The question being what stat did he buy it in and what is that state’s sales tax . At 6% that’s $26,400,000 .
Heavy_Law9880 on
Zero dollars despite living in red state.
Saldar1234 on
Gee, I wonder why most of the billions want Trump in office.
frostedwaffles on
Lol look when I’m rich enough to buy a social media platform, I don’t need to pay taxes okay. That’s for you fucks
portablebiscuit on
The French had this discussion in the late 1700’s
Rottimer on
Because a business isn’t considered a product or service, but rather an investment. When he bought the shares that gave him control of the company, the people he bought those shares from had to pay capital gains tax (which is too low) on the profit they made from that sale.
Musk will also have to pay capital gains tax if he sells his shares of X to some idiot at a higher price than he paid for it. I’m guessing he’ll take a loss though.
BigCliff911 on
Nobody pays sales tax to buy a company, not just the rich idiot. If you disagree with that get the law changed. City, county, state and federal would all need to change.
tenmileswide on
Most groceries are also untaxed. I agree with the sentiment but you could find a better example
neoprenewedgie on
This is a perfect example of how Americans don’t understand how economics works. Or how buying groceries works.
welding-guy74 on
NY has zero sales tax on groceries with a few exceptions like store prepared foods, candy , soda and pet food
SqueeezeBurger on
*PAID* –
Darth_Yohanan on
We don’t NEED groceries. However, imagine how terrible a world with Twitter instead of X!
mercutio531 on
Hopefully zero since there shouldn’t be tax on food. But I get the idea…
[deleted] on
[removed]
thekitchenaides on
*paid
questformaps on
In California, raw groceries are not taxed.
Ib4 sOcIaLiSm
devonjosephjoseph on
THE PROBLEM: This phenomenon can be directly linked to the vast $$$ the wealthy spend on lobbying
THE SOLUTION: “The Equal But Opposite Initiative” is a crowdfunded and open sourced project aimed at providing a counterweight to the lobbying army of the rich.
We will spend dollar for dollar!!
We will identify and combat legislation which negatively impacts the common consumer!!
We will reinstate the incentive system which made this country the most innovative in the world!! (And optimize it)
We won’t be nice!! We’ll hire the best wolves in the industry!!
…ok so I just made this up today…Anyone actually have experience getting something like this off the ground?
23 Comments
I paid $0 in sales tax for my groceries. My state doesn’t have sales tax on groceries…
The political discussion was done decades ago.
The owners of this country have the tax code they paid for.
0% sales tax on groceries. I live in California.
Get back to me when there’s a Federal sales tax.
“You hear dat Tone? He said I have a concept of a plan.”
I think the meme needs work. I get the basic gripe but Musks sales tax would be levied on physical property he bought for the business like furniture etc. The tax on the purchase of the business is much more complex. And the tax codes need serious reform.
On a related note, why do I have to pay SALES tax on a car LEASE payment?
Groceries are tax exempt here. Everything else is 6% . If you buy a car in another state pay it off and move here you have to pay 6% of blue book value in tax to get it registered. The question being what stat did he buy it in and what is that state’s sales tax . At 6% that’s $26,400,000 .
Zero dollars despite living in red state.
Gee, I wonder why most of the billions want Trump in office.
Lol look when I’m rich enough to buy a social media platform, I don’t need to pay taxes okay. That’s for you fucks
The French had this discussion in the late 1700’s
Because a business isn’t considered a product or service, but rather an investment. When he bought the shares that gave him control of the company, the people he bought those shares from had to pay capital gains tax (which is too low) on the profit they made from that sale.
Musk will also have to pay capital gains tax if he sells his shares of X to some idiot at a higher price than he paid for it. I’m guessing he’ll take a loss though.
Nobody pays sales tax to buy a company, not just the rich idiot. If you disagree with that get the law changed. City, county, state and federal would all need to change.
Most groceries are also untaxed. I agree with the sentiment but you could find a better example
This is a perfect example of how Americans don’t understand how economics works. Or how buying groceries works.
NY has zero sales tax on groceries with a few exceptions like store prepared foods, candy , soda and pet food
*PAID* –
We don’t NEED groceries. However, imagine how terrible a world with Twitter instead of X!
Hopefully zero since there shouldn’t be tax on food. But I get the idea…
[removed]
*paid
In California, raw groceries are not taxed.
Ib4 sOcIaLiSm
THE PROBLEM: This phenomenon can be directly linked to the vast $$$ the wealthy spend on lobbying
THE SOLUTION: “The Equal But Opposite Initiative” is a crowdfunded and open sourced project aimed at providing a counterweight to the lobbying army of the rich.
We will spend dollar for dollar!!
We will identify and combat legislation which negatively impacts the common consumer!!
We will reinstate the incentive system which made this country the most innovative in the world!! (And optimize it)
We won’t be nice!! We’ll hire the best wolves in the industry!!
…ok so I just made this up today…Anyone actually have experience getting something like this off the ground?
✌️❤️