"Simple Pleasures" will be tax exempt ?
Soda makers are asking not to tax on soft drinks because they consider their product as "simple pleasures". Now here is million dollar question, how to define "simple pleasures" ? This list would be really big, as it can start from cigarettes till massage parlors’.
Why should this products are tax free ? Just because people can drink more ? I think each product should have tax, it's a free market, you can tax on everything, people can decide which one they want to consume.. Govt. cannot control anything by putting taxes on it. How many people are really quit smoking just because govt. put more taxes ?
If there are taxes on Cigerates and alchol and why Soda is Tax Exempt ?
Govt. put taxes as how much they are wasting or using natural resources (i.e. water ) and they should put some environment taxes too. So that if Govt. can get more income if they are wasting too much natural resources, and then govt. can use that money to correct that problem. If that company did not waste too much water then they don’t have to pay more taxes, so it will be depend on Industries to control taxes. It will be win-win for Govt.
Most of the food items are tax exempt in Most of US States. Fortunately this companies did not asked to mark Soda as "Necessity Food Item".
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Posted in: on Thursday, August 27, 2009 at
