VetOfTheSeas@discuss.online to Work Reform@lemmy.world · 1 month agoData centers get tax breaks. Not you though.discuss.onlineimagemessage-square78linkfedilinkarrow-up1933arrow-down18
arrow-up1925arrow-down1imageData centers get tax breaks. Not you though.discuss.onlineVetOfTheSeas@discuss.online to Work Reform@lemmy.world · 1 month agomessage-square78linkfedilink
minus-squareprole@lemmy.blahaj.zonelinkfedilinkarrow-up2·1 month agoYou’ve got it backwards. Sales tax is what the person purchasing the thing pays.
minus-squareSprocketfree@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 month agoNo, you actually pay the tax on the sale. But culturally we’ve just moved that to the buyer. The seller “collects” that tax you see in the receipt and pays the IRS. You don’t ever actually pay the tax to the IRS as the buyer.
minus-squareGodlessCommie@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·1 month agoThe end user pays the tax, no one in between, which includes the purchase of equipment used to manufacture a final product
You’ve got it backwards. Sales tax is what the person purchasing the thing pays.
No, you actually pay the tax on the sale. But culturally we’ve just moved that to the buyer. The seller “collects” that tax you see in the receipt and pays the IRS. You don’t ever actually pay the tax to the IRS as the buyer.
The end user pays the tax, no one in between, which includes the purchase of equipment used to manufacture a final product