To: Iwo Jima
So a business that is liscensed to purchase goods for retail sale, therefore without the sales tax, would risk that liscense to sell the goods cheaply. Is that your premise?
Don't you think it would be easy to identify a retail liscensee that never submits any tax?
354 posted on
02/15/2005 9:36:28 AM PST by
CSM
("I just started shooting," said Gloria Doster, 56. "I was trying to blow his brains out ....")
To: CSM
So a business that is liscensed to purchase goods for retail sale, therefore without the sales tax, would risk that liscense to sell the goods cheaply. Is that your premise?
They would be between a rock and a hard place trying to avoid legal jeopardy and financial ruin. And they would put pressure on Congress to fix things (we all know how that would go - Congress only seems to "fix" problems by increasing its power and control over us).
Don't you think it would be easy to identify a retail liscensee that never submits any tax?
No one -- or very few -- would never submit any tax. Just like now very few people or businesses fail to file a tax return. They just wouldn't necessarily report every transaction that they maybe should have. Maybe it's due to Enron-like cooking the books. Maybe it's just a genuine but different interpretation of the law. You'd have to still have accountants to do your reports.
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