Are you saying that he's not resigning?

--
"j" ganz @@
www.sailnow.com

"Dave" wrote in message
news
On Mon, 4 Dec 2006 16:40:11 -0800, "Capt. JG"
said:

Yup.. he's toast... all the rats deserting the ship.

Which planet did you say you live on?

"Dave" wrote in message
...
On Mon, 4 Dec 2006 19:14:08 -0700, "Gilligan"
said:

My response was a handy tip to all those who want to bring down the
system.

Um, do you really believe they need such tips? Seems they've been doing
a
bang-up job without your help.

Max

Why then is the system still up and running? Under my plan total collapse
in
5 years or less!

Your system is called tax fraud. It is indeed widely practiced and too
seldom caught or prosecuted where the perp is a small business.

At least you get it!

"Charlie Morgan" wrote in message
...
On Mon, 4 Dec 2006 19:25:10 -0700, "Gilligan"

wrote:


"Charlie Morgan" wrote in message
. ..
On Mon, 4 Dec 2006 08:20:58 -0700, "Gilligan"
wrote:


"Capt. JG" wrote in message
...
When you live on expensive property, you pay property tax mostly based
on
the market value (assessment). Is this not the case where you live?


Property tax is also reduced if one is 65 or older.


It is? Everywhere?

CWM

Here's just property tax reductions for South Dakota:

http://www.state.sd.us/drr2/propspec...rty/relief.htm

New York:

http://www.nyc.gov/html/dof/html/pro...dividual.shtml

Tennessee:

http://www.nyc.gov/html/dof/html/pro...dividual.shtml

Massachussetts:

http://www.massretirees.com/state-pr...elopments.html

California:

http://www.aging.state.ca.us/html/wh..._programs.html

Texas:

http://www.senate.state.tx.us/75r/se...6/e051906a.htm


Gee that covers a large percentage of the population of the US, doesn't
it?


Actually, as far as proerty tax relief for those over 65 it does not. Can
you
figure out why? It's REALLY tricky!

CWM

I've got my thinking cap on but nothing is happening!

Let me try to understand what you are saying - are you saying that even
though there is property tax relief on the lawbooks for those over 65 it is
really not property tax relief?

Help me on this one Krusty, the propeller is spinning on my thinking cap but
no sparks are flying. At least give me a clue. You know I love trick
questions.

Did you like your Xmas present? How would you fix that hot tub chemistry?

"DSK" wrote in message
...
wealth itself (in it's tremendously myriad forms)


Maxprop wrote:
"Myriad," as you've used it, is synonymous with *countless.* How can one
modify 'countless?'


Ah, let me count the ways.


Less countless? More countless? Partly countless?


Double-plus countless.

Actually, you are not quite correct. "Myriad" means widely varying in
type, form, size, or other characteristic; also very numerous. I like the
sound of it better than Carl Sagan's "Millie-yons and millie-yons."

That was "billyuns and billyuns," IIRC.

Max

"DSK" wrote in message
It's very interesting that you and Maxprop are lining up in favor of the
paternalist & socialistic European economic structures.

I've just gotta hear this explanation.

Max

"Gilligan" wrote in message
...

"Maxprop" wrote in message
ink.net...

"Gilligan" wrote in message
. ..

"Maxprop" wrote in message
ink.net...

"Gilligan" wrote in message
. ..

"Maxprop" wrote in message
nk.net...



The best thing to do is to pay as little tax as possible, even if it
requires earning as little as possible.

Great idea. I believe I'll quit my profession and go on welfare.
Yeah, splendid idea.

Max


There are other ways. Own your own business, which for you is easy.
Pay yourself dividends - no FICA; driving to work, meals etc are now
tax deductable; per diem is tax free; many things can be classified as
business expenses - including your boat if done properly. Own rental
property - another great deduction! Put the kids on the payroll,
deduct the dog as security costs, take the family to conventions, look
at starting up offices in nice locales - take the whole family, etc,
etc. Live like a king and pay much less tax. Don't forget to get a tax
ID and a reseller ID so you pay no sales tax! Do services for cash at
a discount (unreported income), own a bar/restaurant/store - a good
percent of cash income goes unreported, vending machines - washers,
dryers, candy, games etc - all cash!

Only a liberal would go on welfare to avoid paying taxes.

My response was entirely facetious, not requiring a response such as
yours.

Max


My response was a handy tip to all those who want to bring down the
system.

Um, do you really believe they need such tips? Seems they've been doing
a bang-up job without your help.

Max

Why then is the system still up and running? Under my plan total collapse
in 5 years or less!

I see; you're proposing an accelerated plan for what is going to take a bit
longer under the current iteration.

Max

"Gilligan" wrote in message
. ..

"Dave" wrote in message
...
On Mon, 4 Dec 2006 19:14:08 -0700, "Gilligan"
said:

My response was a handy tip to all those who want to bring down the
system.

Um, do you really believe they need such tips? Seems they've been
doing a
bang-up job without your help.

Max

Why then is the system still up and running? Under my plan total collapse
in
5 years or less!

Your system is called tax fraud. It is indeed widely practiced and too
seldom caught or prosecuted where the perp is a small business.

At least you get it!

It was rather obvious, Mr. Milstead. Perhaps the key phrases were
"unreported income" and "deduct the dog as security cost."

Max

It's very interesting that you and Maxprop are lining up in favor of the
paternalist & socialistic European economic structures.




Maxprop wrote:
I've just gotta hear this explanation.


The VAT.

I would like to hear *your* explanation. Sometimmes European
social/economic/gov't models are leftist twaddle beloved
of muddle-headed elitists, other times it is just the way
you want to go.

While I try to avoid a petty preoccupation with consistency
(which Emerson assures us is the hobgoblin of little minds),
it is generally not smart, nor productive, to contradict
oneself every time one speaks (or posts). Of course,
self-contradictory illogic has been the neo-cons stock in
trade... and look where it's gotten us!

DSK

Dave wrote:
I don't think I lined up in favor of anything.

OK, my mistake. I thought you were advocating the VAT as a
way of propping up gov't revenue in the wake of a flat tax.




VAT does have, in addition to the problem I identified earlier, the problem
that increases in the tax rate may be less visible to the ultimate payer
than is the income tax.

I believe I already mentioned that, along with a few other
implications.


.... Of course
that notion may also be approaching quaint as we are nearly at the point
where 50% of Americans pay no income tax.

They shouldn't be called "Americans."
Citizenship should be reserved for those who pay for it!

DSK

It deters
consumption but also production in any business that is not
vertically integrated.


Dave wrote:
That distinction doesn't make sense to me. A vertically integrated business
presumably adds more value between raw material and finished product
compared to a business that buys and assembles components produced by
others.

That is true but the profits are proportionally higher (one
assumes, economies of scale and all that) and AFAIK the VAT
is a flat tax... no marginal rate increase for increased
production, and the amount paid out is under cntrol of the
company...

... So the integrated manufacturer itself pays the VAT directly, whereas
if it were assembling components bought from others it would be paying
indirectly via the higher price of the components. I don't see any inherent
VAT advantage for the integrated producer.

Well, go talk to some people who run businesses in Europe. I
have, including an uncle who has done rather well at it.

DSK