Glenn McCoy by Glenn McCoy

Glenn McCoy

Comments (17) (Please sign in to comment)

  1. pirate227

    pirate227 said, over 1 year ago

    0%, like Exxon/Mobil.

  2. Rad-ish

    Rad-ish GoComics PRO Member said, over 1 year ago

    Corporations like GE should get tax dollars back.
    I guess the lady would prefer that her taxes be raised.

  3. Hawthorne

    Hawthorne GoComics PRO Member said, over 1 year ago

    @Rad-ish

    Uh … corporations like (and including) GE are getting government subsidies. Why on earth should they be getting tax rebates?

  4. amorris

    amorris said, over 1 year ago

    @onguard

    What an original comment. Good grief!

  5. black dog

    black dog said, over 1 year ago

    $9 trillion missing from the Feral Reserve Bank in off-balance sheet transactions … Sequestration blamed for locking school field trips out of White House tours while the President hosts lavish star-studded parties in the West Wing. The issue is waste in government and cutting out of control government spending that is pushing us dangerously close to rivaling the financial catastrophe that is the European Union. Still, the left insists that spending must increase, in spite of waste, fraud and fiscal idiocy and that we should just “buck up” and give till it hurts. Well it hurts and we are tired of giving. That is the issue, that is the point and that is what needs to be addressed.

  6. dtroutma

    dtroutma GoComics PRO Member said, over 1 year ago

    My state doesn’t have sales tax. Every time I travel to states that do, it’s apparent, and highly variable, just how punishing sales tax (read “fair tax” to some) the sales tax is to low to middle class folks who have to make every day purchases. UP to 17% tax is indeed pretty punishing.


    It has to do with some having state + county+ CITY sales taxes, all adding up! (BTW, though folks complain about our state income tax rates, they’re lower than income tax in some of those same high sales tax states. )

  7. Uncle Joe

    Uncle Joe GoComics PRO Member said, over 1 year ago

    Sales taxes pay for roads, schools and a lot of local infrastructure. I’m not a big fan of sales taxes because they are incredibly regressive, but I doubt Republicans would swap sales taxes for more progressive taxes at any level of government.

    Online retailers account for nearly 10% of all sales. They drive local stores that create jobs, (low paying jobs, but jobs nonetheless), out of business. Tax online sales & we can lower the overall sales tax.

    Conservatives have become so blind it’s unbelievable!

  8. Bdawgfl

    Bdawgfl said, over 1 year ago

    All of you have missed the mark all together. Businesses do not pay taxes. Not one single one does. People do. Every tax, every day is paid for lock stock and barrel by people. The tax burden shifts to the people in the price of goods and services. By the time anything reaches your shelf its price is masking about a 22% tax made up of all the taxes on the companies that produce every component of the product you buy.

  9. TheTruthHurts

    TheTruthHurts said, over 1 year ago

    @Bdawgfl

    Absolutely correct. They don’t really PAY taxes, they COLLECT them !

  10. TheTruthHurts

    TheTruthHurts said, over 1 year ago

    @Oscar54

    Do you think Reagan would even be nominated in today’s political climate ? I suspect he would be deemed to ‘liberal’. Just wondering.

  11. Wraithkin

    Wraithkin said, over 1 year ago

    @Uncle Joe

    Let’s take a trip down the “tax online sales” road. The main argument is that online sales are quashing brick-and-mortar stores because of the tax break. Not true. It’s the fact that I don’t have to spend hours wandering around a store looking for a handful of items, when I can spend 15 minutes on the internet and find what I need. I save fuel and mileage on my vehicle. And instead of paying tax, I pay S&H.

    The reason B&M stores are failing is the exact same reason B&M music stores are failing to the onslaught of online music providers: Convenience. Pure and simple. My wife and I were talking about this when we heard about the attempt at taxing online transactions.

    I asked, “What do they think will happen, push people back to the B&M stores?” Of course not, was the answer. It will simply cost more to the shoppers, or it will push people away to not buy stuff. It won’t push them back to the B&M stores. Because all it will do is cost the consumer more money for no added benefit. And that, my dear friends, is how you suppress sales.

  12. Uncle Joe

    Uncle Joe GoComics PRO Member said, over 1 year ago

    @Wraithkin

    “I save fuel and mileage on my vehicle. And instead of paying tax, I pay S&H. "

    Just about all online stores offer free shipping these days. The delivery trucks do put wear & tear on the roads & I’m not sure how much individual driving is really saved by this. How many online purchases would have been done along with other errands you already do?

    Talking about how iTunes & Netflix killed record stores & video stores doesn’t hold water. Digital content is a small fraction of online retail.

    You haven’t countered my point: sooner or later online sales will have to be taxed, or a new tax will be levied.

  13. Uncle Joe

    Uncle Joe GoComics PRO Member said, over 1 year ago

    @Wraithkin

    BTW, I shop online for the same reasons, not to mention the fact that selection is usually much better. A sales tax isn’t going to put a dent in online sales.

  14. Wraithkin

    Wraithkin said, over 1 year ago

    @ Uncle Joe (since you made two posts):
    Some do, as a means to drive sales. So… they try to cut costs to increase sales. So, the reverse is going to be true: increasing costs will cut sales. So adding a mandatory tax will only hurt sales, and will not help sales anywhere. Again, it’s a matter of increased cost vs. perceived benefit. There is no perceived benefit, and to think it will drive people back to B&M stores is a fallacy. People will just not buy.

    I wasn’t talking about music being a massive chunk of retail, I was more referring to the business model. Why do you think B&M stores aren’t carrying computer games any more? Because DLC available through Steam and other sources makes carrying inventory obsolete. Same thing with music; who wants to pay $15 for a CD that on which they only like 3 or 4 songs? Instead pay $4 and get exactly what you want.

    It has nothing to do with people trying to avoid sales tax, because if they have a local presence in your state, you are required to pay sales tax anyway. This is an attempt at a money grab by the government, pushed forward because the B&M stores are crying about a marketplace that is shrinking due to the advent of the internet. The marketplace has changed, and the B&M stores aren’t changing with it.

    This is the same logic being used by green energy advocates: When what you have isn’t working, increase the cost of the alternative so people are forced into your waiting arms. Unfortunately, things don’t work that way, as shown by the failures in the green energy market. People don’t respond well to forceful coercion. That’s why green energy companies are going bankrupt, and that’s why B&M stores are not going to continue to succeed.

  15. Uncle Joe

    Uncle Joe GoComics PRO Member said, over 1 year ago

    @Wraithkin

    Your point about using tax policy to influence behavior, is right on the money. It started as a way to ‘help’ a fledgling industry. That’s not the case any more, but now that it’s Big Business, the lobbyists are there to preserve the perks.

    Taxes have to be collected, one way or another. As revenue from sales taxes have been undercut by online retail, we’ve seen sales taxes go up. No surprise there.

    On paper, most states say that individuals are supposed to pay the sales tax, but let’s face it: no one does that. The original argument of helping little guys do online startups no longer applies. Most of the truly small players are selling as Amazon or Ebay affiliates. Those behemoths are more than capable of figuring sales taxes by shipping destination.

    If you want to argue that government should not use tax policy to influence behavior, I don’t see how you can support this double standard. Sounds like you just resent paying taxes.

    BTW, using taxes to influence behavior does work. What is usually overlooked is whether the outcome is worth the end cost. Not taxing online sales is a perfect example, imo.

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