Wanna know why our economy is screwed up?

[tdog 0]

I just spent the last few days (it is 11:30 PM and I just finished) going thru over 700 business credit card purchases I made in 2007 to prove I paid X city sales tax for a X city audit... And if I paid, god forbid, Y city sales tax on a costco purchase, and drove it to my office in X city, I had to calculate the difference between X and Y city and pay interest and penalties.

It's called Use Tax. It makes sense if I am going to buy a $10,000 widget online and avoid tax. It is abusive to make companies audit 700 transactions, purchased at known national retailers such as Home Depot and Best Buy, averaging $32 each. The auditor could have just said, "tell me about this .com puchase here" and ignored the rest.

Government slows down production via hundreds of taxes.

My favorite was the justification I had to give on why I did not pay sales tax on the sales tax I paid.

Oh, I owe a few dollars it appears, maybe $100 tops. And the city employee spent so far over 100 hours on my case!

[Coreece 190]

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Oh, I owe a few dollars it appears, maybe $100 tops. And the city employee spent so far over 100 hours on my case!

...and here I am thinking the whole thing was due to an indirect result of the terrorists....phew, didn't want them winning.

Your secrets are the true reflection of who you really are...

[quade 4]

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Government slows down production via hundreds of taxes.

I know that may sound like a reason, but it has nothing to do with the current problem whatsoever.

How much do you know about Credit Default Swaps and the Commercial Paper Market?

quade -
The World's Most Boring Skydiver

[tdog 0]

I know quite a bit. My customers are insurance companies, mortgage companies and banks. Oh, and Circuit City too, who just went bankrupt.

Its fun to blame the taxman for everything. In fact, the taxman keeps accountants employed, so my argument failed there too.

However it is no secret that government regulations (cost of doing business in usa) and union wages and legacy pensions and benefits have caused GM and Ford to struggle in the global economy.

[kallend 2,154]

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I know quite a bit. My customers are insurance companies, mortgage companies and banks. Oh, and Circuit City too, who just went bankrupt.

Its fun to blame the taxman for everything. In fact, the taxman keeps accountants employed, so my argument failed there too.

However it is no secret that government regulations (cost of doing business in usa) and union wages and legacy pensions and benefits have caused GM and Ford to struggle in the global economy.

And if any move is made to centralize things, we have an outcry over states' rights and loss of local control.

...

The only sure way to survive a canopy collision is not to have one.

[likearock 2]

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Government slows down production via hundreds of taxes.

You do know this is a world-wide economic crisis, don't you? It seems to be affecting all countries regardless of their tax policies.

[pirana 0]

Not enough Pirates?

It is a wild guess; but Pirates just sem to be a hot topic these days.

Kind of like when you are playing Trivial Pursuit and you get the Literature category and you are no good at it unless it is a comic book question. When in doubt, the answer to give is Shakespeare. Works about half the time.

So, . . . is it Pirates?

" . . . the lust for power can be just as completely satisfied by suggesting people into loving their servitude as by flogging them and kicking them into obedience." -- Aldous Huxley

[pirana 0]

I'm going to bump this thread every 2 hours until I get an answer.

Is it Pirates?

" . . . the lust for power can be just as completely satisfied by suggesting people into loving their servitude as by flogging them and kicking them into obedience." -- Aldous Huxley