Thank you president Obama

Discussion in 'Economy' started by Ravi, Jan 3, 2013.

  1. Ravi
    Offline

    Ravi Diamond Member

    Joined:
    Feb 27, 2008
    Messages:
    81,329
    Thanks Received:
    12,695
    Trophy Points:
    2,205
    Location:
    Hating Hatters
    Ratings:
    +29,776
    I've been waiting for this to happen and am very glad it finally did.

    :thup:

    New Tax Law Emerges Beyond the Fiscal Cliff | AccountingWEB
     
  2. Ravi
    Offline

    Ravi Diamond Member

    Joined:
    Feb 27, 2008
    Messages:
    81,329
    Thanks Received:
    12,695
    Trophy Points:
    2,205
    Location:
    Hating Hatters
    Ratings:
    +29,776
    :clap2: This saved me $25,000 on my taxes.

    Woooooooofuckinghooooooooooooooooo!
     
  3. Valerie
    Offline

    Valerie Gold Member

    Joined:
    Sep 17, 2008
    Messages:
    24,624
    Thanks Received:
    5,980
    Trophy Points:
    290
    Ratings:
    +10,295



    Wow, that's great Rav... I bet you could probably buy the whole trailer park with that kind of dinero! :lol:
     
    Last edited: Apr 3, 2013
  4. Freemason9
    Offline

    Freemason9 Gold Member

    Joined:
    Aug 14, 2012
    Messages:
    2,477
    Thanks Received:
    279
    Trophy Points:
    130
    Ratings:
    +458
    GREAT. Yet another way "small businesses" can avoid paying taxes. Small businesses (and especially farmers) are humongous rip-offs to American taxpayers these days, thanks to well-funded lobbying groups.
     
  5. Ravi
    Offline

    Ravi Diamond Member

    Joined:
    Feb 27, 2008
    Messages:
    81,329
    Thanks Received:
    12,695
    Trophy Points:
    2,205
    Location:
    Hating Hatters
    Ratings:
    +29,776
    How is it a rip off to not have to pay taxes on capital equipment?
     
  6. Freemason9
    Offline

    Freemason9 Gold Member

    Joined:
    Aug 14, 2012
    Messages:
    2,477
    Thanks Received:
    279
    Trophy Points:
    130
    Ratings:
    +458
    Why should "capital equipment" be tax exempt? Who decided that was a sound idea?
     
  7. dblack
    Offline

    dblack Gold Member

    Joined:
    May 21, 2011
    Messages:
    20,123
    Thanks Received:
    2,006
    Trophy Points:
    245
    Ratings:
    +3,768
    It's a ripoff whenever the tax code is used to hand out special favors to a select few. The entire system of incentives and penalties implemented via taxation is simply an end run around Constitutional limits on government, allowing them to manipulate behavior and exercise the power of the state in ways that have very little to do with collecting revenue.
     
  8. Ravi
    Offline

    Ravi Diamond Member

    Joined:
    Feb 27, 2008
    Messages:
    81,329
    Thanks Received:
    12,695
    Trophy Points:
    2,205
    Location:
    Hating Hatters
    Ratings:
    +29,776
    I asked you how it was a rip off. Please explain. Why would a business need to pay a tax on items it purchases to do business?
     
  9. Ravi
    Offline

    Ravi Diamond Member

    Joined:
    Feb 27, 2008
    Messages:
    81,329
    Thanks Received:
    12,695
    Trophy Points:
    2,205
    Location:
    Hating Hatters
    Ratings:
    +29,776
    How is it a special favor?
     
  10. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    81,185
    Thanks Received:
    14,905
    Trophy Points:
    2,210
    Ratings:
    +36,927
    Ravi, a 1%'er not paying her fair share...I'm fucking shocked
     

Share This Page