Posted on 08/10/2009 6:01:23 AM PDT by rvoitier
Final Score: When Does all the Taxing Stop?
Final Score: Call government taxing thievery!
(Excerpt) Read more at video.foxbusiness.com ...
Wrong link, and a summary would be nice.
What a great idea!
Coin-operated urinals in all bar men's rooms!
Maybe it’s a pi$$ tax.
The title serves as summary and it's only about a minute long.
A 3% tax on any wine, beer or liquor restaurants have in inventory.
Wow...
Looked around and see NYC restaurants don’t seem to boast of the size of their wine cellars as it is.
So ... it would be more American to just bend over a take it? Was the American Revolution unAmerican? Was it unAmerican to protest the tea tax in Boston Harbor? Was it unAmerican to allow blacks and women to vote? Shut your pie hole, Pelosi.
I don’t know how my previous posted ended up here. Sorry about that, folks.
The miner mines the ore, pays land tax, worker taxes..passes it on.
The trucker that moves the ore to the steel mill pays road taxes, fuel taxes, personal and business taxes and pass it on with the miners land tax and worker taxes.
The steel mill pays land tax, worker taxes and pass it on with the miners taxes and all the truckers taxes.
The refrigerator maker pays land taxes, worker taxes and pass it on along with the miner taxes, the trucker road and fuel taxes, the mill’s land taxes, worker taxes and all the trucker taxes in between the steel mill and the refrigerator plant.
The plant also passes on all the built up taxes for the rubber for the gasket on the door, the plastics for the insides, from the plastic former company and all its taxes and all the way back to the oil fields were the oil to make the plastics come from, and all the truckers, railroads and ship companies in between and all the wharehouses, and storage companies that hold the materials, and many more companies that make the ships, the trains and every thing else that is needed.
Finally the taxes....er...refriderator leaves the plant. Once again a trucker has to add taxes to it.
It gets to the retail store where the owner accepts the big new bundle of taxes...er...um..refridgerator. He has to add land taxes, business taxes, worker taxes.
Now you come along and buy those tax...er..refrigerator with all those taxes built into the price. Maybe half the priceor more, who knows?
And you pay with money you thought was ‘tax freed’ or free of taxes, or you thought you were done with taxes.
So, you have like half your earned income, because the government has taken by force, half your money that you earned, it has take out SS/Medicare, federal and local taxes. And with your remaining money, taxes already paid money, you buy a big new bundle of taxes...er ah...a refrigerator, and pay sales tax.
Face it. We are tax slaves.
Our children will be tax slaves and debt serfs.
My bad...I didn’t sit through the commercial first....
The IRS showed up at my friends bar. Taxed him on all his liquor. Even cases bought years ago.
I can’t wait for the real party to start.
Your friend’s restaurant is in NYC?
And someone from the IRS showed up and helped him inventory his liquor? And now he has to pay additional taxes on it? By when?
Sorry - I find the whole thing amazing and want to make sure I understand this.
Thanks.
Mass.
The state, August 1st, effected a 6 something percent tax.
So, he thought he was smart buying months ago, and paying for bulk orders. After all, where can you get 6+ percent savings?
Further, about two months ago, he was required to fill out a form listing all taxable inventory and compared it to the previously filled out mandatory declaration.
A week before Aug 1st, an agent for the Mass IRS showed up, and inspected the inventory.
If it wasn’t sold, no matter when you bought it, nor how long you had it, you paid the new tax.
Oh,yeah.
Also all the distributors sent him a form, that he had to fill out, that took them off the hook and gave the state IRS permission to compare what he filled out with what they shipped.
No fill out, no booze from the distributor.
So what you are seeing is the state IRS, anyways, thanks to computer inventory, tightening everything up all through the supply channel and getting everyone to rat on each other like good little socialists.
a bottle of Bud costs the bar 80 cents, let's sell it for $6 bucks! it is very difficult to lose money in the bar business if you keep your overhead relativley low and keep the investors from coming in every night and drinking the bar for free.
that being said, these taxes are idiotic.
Thanks for this. Sorry: I had not checked FP until today.
Unbelievable. I really have never heard of such a thing.
Thanks for this. Sorry: I had not checked FP until today.
Unbelievable. I really have never heard of such a thing.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.