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You are confusing two differing taxes...

Even the retailer pays tax twice. Once locally in the form of a sales tax based solely on the selling price and irrespective of new or used and any profit he might make on the sale, then, should he profit on that sale, a tax on that profit.

That's not 'double taxation' any more than if the merchant paid property tax on the building where the transaction took place.

Where claims of 'double taxation' might make sense is in the case of inheritance tax where one pays tax upon the inheritance of a property, at it's current value, then when selling it and pays taxes again on the total gain based on the original purchaser price.






First they came for the dumb-asses
And I did not speak out
Because I was not a dumb-ass


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  • You are confusing two differing taxes... - Ivan303 10:25:41 05/01/21 (0)

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