Income Tax AND Sales Tax

[Whistler]

Every state does property tax (I think), but most states have either income tax OR sales tax, but not typically both. Is there another state besides CO that does both?

Welcome to the bible belt BTW. I see you're near Dallas. I grew up near Galveston, but I lived in Plano for about 7 years before moving to CO. Have a great time in the triple digit heat and 100% humidity!

North Carolina and Indiana do or did when I lived there.

[Teufelhund]

I'm too lazy to research it too, that's why I asked here haha. I was waiting for someone to be a dick and drop the obligatory lmgtfy link.

The only thing I miss about Dallas is that it has the highest number of hot chicks per capita of any place I've ever been or heard of. Huntington Beach, CA is a close runner-up though. Have fun!

[BlasterBob]

When we buy fuel, a good portion of the amount paid is for taxes. I am amazed that they don't TRY to collect sales tax on each sale (unless that tax IS already included with the various taxes charged - State, County & City)

[aahorn]

When we buy fuel, a good portion of the amount paid is for taxes. I am amazed that they don't TRY to collect sales tax on each sale (unless that tax IS already included with the various taxes charged - State, County & City)

if i had to bet they build it in.

http://www.api.org/Oil-and-Natural-G...EFFB6585D.ashx

according to this site we pay $.40 in taxes PER gallon. some of those nanny states ~$.70 a gallon. so ridiculous

[CO Hugh]

The simple answer is the government constantly comes up with ways to spend more of your money better than you can.

An interesting item when you think about it is that while incomes, and prices have risen since the mid 60s, if tax rates had stayed the same the government would have increased revenue, instead they raised the rates too. 20 years ago only a few states had sales taxes over 6% now that is average with many closer to 8. Property tax rates have increased too, while we buy bigger and more expensive homes.

It is ridiculous and they won't stop. I am convinced that any time 99% of the people get together to spend someone else's money they cannot restrain themselves. I have been on boards and committees and usually talk of cutting spending or doing things on the cheap is shot down.

The only way to shrink the government is to starve it. I think during the Clinton era, a study claimed that government spending increased $1.03 for every $1.00 increase in revenue.

[brutal]

Sales Tax varies widely by municipality also. I live in unincorporated Douglas county, surrounded by Parker on three sides. If I shop in Parker, and ALL the retail is in Parker, I get to pay:

2.9% Colorado State
3.0% Parker
1.0% Douglas County
1.0% RTD
0.1% Scientific and Cultural Facilities District sales and use tax
-----
8.0%

What an ass rape. I know we're supporting the general public, but personally I've never been on any RTD vehicle and never set foot in any county "cultural facility." I don't even get to reap a regular benefit of keeping all those bus/rail riders off the roads as I work from home or commute to DIA. I also don't receive any Town of Parker services at my home.

Thankfully, large purchases like vehicles, etc. are excluded from the Parker tax. I will also add that my property taxes here, on housing that is generally 3x the cost of the Midwest where I came from in '92, is 1/2 as much. However, most of those markets have more city services (trash, etc.) that are privatized here.

I get to pay income tax, tax on my fuel, tax on my food, tax on my boolits if I buy at Wally.

Only one year when I made some significant vehicle purchases did I have enough retail spend to take the sales tax deduction.

That said, Colorado is a great place to live and I can't see myself living anywhere else.

Source
PARKER:
The city sales tax rate is 3.0%. Please note that this is a Home Rule City. The Colorado Department of Revenue does NOT collect sales tax for home rule cities. Parker is in Douglas County.

DOUGLAS COUNTY:
The county sales tax rate is 1.0%. The Lincoln Station Local Improvement District near Interstate 25 on Park Meadows Drive has a sales tax of .5%. The northeast portion of Douglas County, Highlands Ranch, the Park Meadows Mall area, Lone Tree, Acres Green, and Lincoln Station LID are located in the Regional Transportation District, which has a sales and use tax of 1.0%. The Scientific and Cultural Facilities District sales and use tax of .1% applies to all of Douglas County except in the towns of Castle Rock and Larkspur. Douglas County also has a 1% sales tax on property rented for thirty days or less, excluding motor vehicles.

[theGinsue]

I've gotten into many a heated argument with coworkers who AGREE with tax increases. They don't understand the logistics of how more income floating around to spend already guarantees the .gov (all levels) more revenue.

By increasing tax percentages, you reduce the amount amount spendable $ and thusly reduce the potential tax revenue.

Simple math really (especially if I can understand the concept).

[hammer03]

I haven't figured out property tax. I didn't buy my home from the .gov, I didn't get my loan from the .gov, what justifies the .gov from taking money from me, and if I don't pay that money, they can take the house that they don't have any legitimate financial interest in?


CA also has income and sales tax, if that surprises anyone. And they are still broke as shit. Great example of taxing people out of their ability to help anyone.

[brutal]

I haven't figured out property tax. I didn't buy my home from the .gov, I didn't get my loan from the .gov, what justifies the .gov from taking money from me, and if I don't pay that money, they can take the house that they don't have any legitimate financial interest in?


CA also has income and sales tax, if that surprises anyone. And they are still broke as shit. Great example of taxing people out of their ability to help anyone.

I'm no economist and while there are many examples and much deeper logic than most of us understand, perhaps you do not have kids that attended public school, or a need for police, fire, or emergency medical services?

If you have zero income, and zero spend, you're still entitled to those services.

I know, I know, sounds liberal, but it's just the basics of our (democratic?) society.

[hammer03]

I'm no economist and while there are many examples and much deeper logic than most of us understand, perhaps you do not have kids that attended public school, or a need for police, fire, or emergency medical services?

If you have zero income, and zero spend, you're still entitled to those services.

I know, I know, sounds liberal, but it's just the basics of our (democratic?) society.

So people who don't own their home aren't entitled to those things?


I just don't like the connection to the real estate. If I own two homes, am I entitled to twice as many benefits? If I rent, is my landlord entitled to those things but I am not? I get that it has to be tied to something, and that by connecting it to housing they guarantee getting paid. Just frustrating I guess.

If you buy an electric car (and therefore don't buy gas) do you have to pay tax for using the roads? I know people using veggie oil are supposed to keep track of how much they use and pay the gov for it, but haven't heard of the same issue for electric or hybrid cars.