Large Scale Central

Reality Bites

General Discussion
#1

Unfortunately the Australian $ is now on par with the US$.
This has made RCS products much more expensive in the USA than they used to be.
Especially when compared with products made in China, which have not risen very much in cost thanks to a cosy deal where the Chinese Yuan is fixed to the US$. That keeps the cost of Chinese goods much lower than goods sourced from anywhere else.
I understand that is business, but it sure doesn’t help the likes of me.

The end result is I can no longer offer trade discounts to USA dealers and stay in business.
Effective immediately all RCS products will only be available direct from RCS.
This will be good for US customers as I can now offer an immediate reduction in prices of between 20% - 30% compared to what they used to be.
Plus, you will probably not have to pay sales taxes when you collect your package from the Post Office.

At the moment I cannot offer Pay-Pal facilities but expect to shortly.

In the meantime customers can order safely knowing they will still be covered by the same manufacturing quality of my products backed up with my second to none after sales service.

Thanks for your attention.

#2

Doncha love our fiscal policy?

(http://www.outsidetrains.com/smile/mischief.gif)

#3

I am all for a free market as long as it is actually free and not full of shabby little side deals because it suits one, or more, parties to do so.

The sooner the whole World adopts a Tobin tax and makes sure every financial transaction is properly taxed and the bad boys actually pay a share, the sooner the Whole World can return to some sort of prosperity.

#4

Tony, do you believe in the Easter Bunny too? Pigs will fly before the greater good becomes more important than the greater profit … unless they find a way to sell short on that too. ---- Of course if it could be proved to significantly raise tax revenues for the pollies to continue to spend like a drunken sailors (with apologies to all drunken sailors everywhere) you might have a chance :stuck_out_tongue:

The left blames big business, the right blames poor folks. Neither side can keep their front feet and snouts out of the trough. Liberals s-u-c-k, conservatives b-l-o-w… Meanwhile, it’s getting so dang windy in the middle that you could probably put up a bunch of those turbine thingies and free the world of oil dependency.

Can you tell I can’t wait for the election to be over so the pollies can get back to just ruining the Economy rather than clogging up the airwaves blaming the ‘other guy’ for it?

#5
TonyWalsham said:
... and makes sure every financial transaction is properly taxed ...
I'm kind of not looking forward to that, [i]"[u]every[/u] financial transaction"[/i] is a [b]LOT[/b] of transactions. My boss gets taxed for paying me I get taxed for my check going in the bank I get taxed for getting quarters for the laundromat from the bank I get taxed for paying for groceries I get taxed for putting Christmas gift check from my parents in the bank. My parents get taxed when their bank pays my bank.

I get taxed for buying my nephew a Walmart Gift card.
My nephew gets taxed for buying something with that gift card.

I get taxed when I put money on my cell phone.
I get taxed when phone charges me for making a call.

Come to think of it, using the change machine at the laundromat is a financial transaction.
So is putting those quarters in the washer.
So is using the pop machine.

Popping quarters in the air machine at the gas station is a financial transaction.

Paying the babysitter is a financial transaction.
When the babysitter puts that money in the bank it is a financial transaction.
When the babysitter uses that money to pay for nachos at Taco Bell with her pals Saturday night, that is a financial transaction.
When Taco Bell puts that money in their bank it is a financial transaction.
When Taco Bell pays the cashier that is a financial transaction.
When the part time high school kid who is the cashier deposits his pay in his savings account for college , that is a financial transaction.
When interest is added to his savings account that is a financial transaction.

When we tip the waiter at Denny’s, that is a financial transaction.

Buying high school band candy bars is a financial transaction.
When the band deposits the money that’s a financial transaction.
When they take the money out to pay the candy supplier that’s a financial transaction.
When they pay the supplier that’s a financial transaction.
When the supplier deposits the money, that’s a financial transaction.

And how many people get hired and paid to make sure all of this is happening like it is supposed to?

#6

from above, let’s go all the way through the babysitter situation.

A financial transaction happened when:

  1. I got paid
  2. I deposited my pay
  3. I bought stuff at Walmart and also got cash to pay the babysitter
  4. ? does record of paying the babysitter have to be kept?
  5. Babysitter put the money in her bank
  6. two weeks later babysitter use her debit card to pay Taco Bell
  7. Taco Bell deposits the money
  8. Taco bell pays the cashier teeny-bopper dude.
  9. Cashier deposits pay in savings account for college
  10. Interest is figured and added to savings

Okay, how many times has that 1% tax happened to that money now?

My attitude is that a financial transaction tax eats up money which would otherwise be available to DO the action of the economy.

#7

Perhaps reading up on what a Tobin Tax entails would be worthwhile.

http://en.wikipedia.org/wiki/Tobin_tax

There is plenty of other reading available.
My understanding is that application of such a tax at a rate of .1% (not 1% or even .5%) on ALL financial transactions, especially on those that currently avoid taxes by whatever means, would enable most, if not all, other taxes to be abolished. The State would be awash with money.
I am talking about transactions that currently pay no tax at all. Such as drug dealers. They put the money in some, read any, account and they would have to pay. Even off shore.
Big business doesn’t want it, Banks don’t want it, armaments dealers and drug dealers don’t want it, so it must be a good idea. :wink:

#8

I’ve gotten to where I watch very little tv because of all the political ads!

#9

(http://www.flying-pig.co.uk/images/anipigside.gif)

#10
TonyWalsham said:
I am talking about transactions that currently pay no tax at all.
What I had available to work with was [i]TonyWalsham wrote: ... and makes sure every financial transaction ...[i/] and I took you at your word at face value, every means every.

You provided no limiting qualifications on the word ‘every’. Therefore every was every.

Apparently I now need to try to discern when your words are literal and when they are not.
Eh, too big a job, I’m not even going to try.

#11

I meant every and I still mean every.

Quote:
My understanding is that application of such a tax at a rate of .1% (not 1% or even .5%) on ALL financial transactions, especially on those that currently avoid taxes by whatever means, would enable most, if not all, other taxes to be abolished. The State would be awash with money.
should explain it.
#12
TonyWalsham said:
I meant every and I still mean every.
Quote:
My understanding is that application of such a tax at a rate of .1% (not 1% or even .5%) on ALL financial transactions, especially on those that currently avoid taxes by whatever means, would enable most, if not all, other taxes to be abolished. The State would be awash with money.
should explain it.
That explains maybe a "Tony" tax.

A Tobin tax is a tax on foreign currency conversions. It is intended to reduce speculation in the currency markets.
According to the Wiki link you provided :wink:
Ralph

#13

It sure is Ralph.

Other proposals have also been made if you read further down and click on other Google links.

#14
TonyWalsham said:
Plus, you will probably not have to pay sales taxes when you collect your package from the Post Office.
Well yes and no? That is called "USE TAX" in my state of Pennsylvania and is supposed to be reported.
TonyWalsham said:
I am all for a free market as long as it is actually free and not full of shabby little side deals because it suits one, or more, parties to do so.
Been a self employed business man for almost 18 yrs Tony, I will not get deep into this issue or any of the other threads that have politics in them. This is a hobby for me period..... however on the business end I do understand your query and perhaps your real issue is not with the "Elected Governmental Officials" as they all seem to be about themselves and not the people that put them there? I have reviewed most of your products and if I personally was in the market for what your selling, which IMHO is a good product with good support. I personally would pay whatever fee's,tarriff's,taxes I needed to acquire your product! Fair response? ;)
#15

Very fair.

As I understand the situation with duty and taxes in the USA.
Customs duty is not payable anyway as the goods fall within an internationally agreed tariff classification that attracts no duty.
Sales tax is a different matter.
I am not sure about the USA, but, here in Australia, if the shipment is below a certain value the Post Office clears them without any impost of a tax. They have come to the conclusion that assessing and collecting the sales tax costs more than the actual tax collected.
I believe the USA is the same. Although I will naturally stand corrected if I am wrong.
I am not suggesting any consumer should deliberately avoid their obligation of paying legally applied tax, but, if the PO does not charge it, then obviously it is not applicable.

#16

In Pa. if it’s a taxable good, and the endpoint of the transaction is in Pa., then it’s taxable. A seller in Pa is legally obligated to collect said tax, report it and turn it over. A Pa resident is legally obligated to report it him/herself, and turn it over. (sort of like tattling on yourself to momma). Many don’t KNOW, Many more don’t CARE. ALL the states are getting pissy because mailorder and feebay are circumventing their antiquated tax collection proceedures. That’s why a buncha states are trying to get Paypal and the CCs to collect said taxes.

Now, (that I know of) NY has a ‘reciprocal agreement’ with NJ and, I think Conn. where folks in those states with tax numbers have to collect report and pay any due from mail order to the other states in the agreement.
Ohio has reached out and touched all their out of state vendors with Ohio tax numbers telling them to collect, report and cough up taxes due for mail orders IN to Ohio (a royal PitA because each county in Ohio has a different tax rate, AND if you try to tack said tax on to a mailorder the customer usually screams bloody murder, even though he owes it!)
Also, California once sent me a huge (about $650) bill for taxes on a sale to a customer there - plus fines and interest, because HE didn’t pay their version of the Use Tax. I circular filed it since I have no plans to go to Cali…so far they haven’t bothered to come HERE to try to collect it.

And the real trouble with any NEW tax Tony, is the OLD one will rarely go away… they just milk the cow from both ends.

#17

a One World Tax could only be instituted by a One World Government…neither of which may be too far off…

#18

Love that animation, David!

#19

I don’t think we’ll ever see a one world government because there are too many egos in power!

#20
Doug Arnold said:
I don't think we'll ever see a one world government because there are too many egos in power!
Puppets may have egos, but their still puppets.....somebody pulls the strings