Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RobFromGa; Bigun

At this point, just a reasonable paragraph explaining where the cost savings will come from would be nice, actual proof can wait.

Here's a few sources off the top of the head:

Reduced planning & tax avoidence costs;

Reduce tax compliance losses, due too errors, tax accounting and filing costs;

Reduced litigation/audit costs over government controversy concerning deductablity/exemption/depreciation rules and pushing the envelope;

Increased efficiency in use of business resources and operating capital;

Increased productivity and growing markets by reducing deadweight loss effects in intermediate & export level businessees;

Repeal of the actual taxes remitted by manufacturers and other intermediate and exporting businesses upstream from retail sales.


212 posted on 08/23/2005 2:31:20 PM PDT by ancient_geezer (Don't reform it, Replace it!!)
[ Post Reply | Private Reply | To 199 | View Replies ]


To: ancient_geezer

Reduced planning & tax avoidence costs; - discussed, negligible, less than 1%

Reduce tax compliance losses, due too errors, tax accounting and filing costs;- discussed, negligible, most accounting functions still needed to run business.

Reduced litigation/audit costs over government controversy concerning deductablity/exemption/depreciation rules and pushing the envelope;- discussed, very negligible, still needed to defend business deductibility of expenses

Increased efficiency in use of business resources and operating capital;-- ;unquantifiable gobbledygook- for most businesses, zilch.

Increased productivity and growing markets by reducing deadweight loss effects in intermediate & export level businessees; sounds a lot like the last one-- for most normal businesses, nada.

Repeal of the actual taxes remitted by manufacturers and other intermediate and exporting businesses upstream from retail sales.-- what taxes are you talking about? the income and payroll taxes go to the earner, corporate taxes are negligible as a percentage of sales;


216 posted on 08/23/2005 2:40:03 PM PDT by RobFromGa (Afghanistan, Iraq, Iran-- what are we waiting for?)
[ Post Reply | Private Reply | To 212 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson