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To: lewislynn

"How many of you would like to have your corporation make your purchases so your effective tax rate is 0%"

Oh boy, you sure got me there, Louie. I can't imagine how we would ever catch Turner if he started paying for his lavish lifestyle through his corporation.

LOL!! Are you serious?


461 posted on 05/18/2005 8:49:41 AM PDT by phil_will1
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To: phil_will1
I can't imagine how we would ever catch Turner if he started paying for his lavish lifestyle through his corporation.

Shows how smart you are. He wouldn't be paying for it, the corporation would as a cost of doing business.

Are you saying after your sales tax is enacted corporations not subject to the sales tax are still going to be audited for income VS spending?...By who?... You claim there won't be any IRS agents.

So how would you attempt to catch him without auditing both him and the business?

471 posted on 05/18/2005 9:09:26 AM PDT by lewislynn (My other car is an XC90 T6 AWD....)
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