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From: tony cooper on 11 Feb 2010 21:56 On Thu, 11 Feb 2010 19:19:09 -0500, "J. Clarke" <jclarke.usenet(a)cox.net> wrote: >tony cooper wrote: >> On Thu, 11 Feb 2010 21:10:40 +0000, Bruce <docnews2011(a)gmail.com> >> wrote: >> >>> On Thu, 11 Feb 2010 09:40:46 -0800, Savageduck >>> <savageduck1@{REMOVESPAM}me.com> wrote: >>>> ...and since VAT is a "value added tax" an imported item arriving a >>>> port of entry would have the taxed "added value" of the freight >>>> costs to move it from port of entry to point of distribution or >>>> sale. That would also apply to the cost of transport on domestic >>>> products. That could be considerable for some landlocked states. >>>> That is unless transport is given a VAT exemption >>> >>> >>> Wrong, because the consumer pays VAT only once, at the point of sale. >>> All the VAT that was charged on any intermediate expense, including >>> transport, is reclaimed by the retailer of the product or service. >> >> That doesn't make sense. If VAT is charged on incoming freight to a >> manufacturer (and I don't know if it is or not), the product may >> change hands several times before it gets to the retail level or the >> product may be assembled from components manufactured by several >> different firms. Surely, the retailer is not reclaiming VAT paid by >> all the sources in the manufacturing process. >> >> You'd have the camera retailer reclaiming VAT from the maker of the >> camera body, the maker of the lens, the maker of the strap, the maker >> of the lens caps, etc. All those sources are incurring freight >> charges. >> >>> Otherwise, the consumer would be paying tax on tax, and that doesn't >>> happen. >> >> Are you saying above that VAT is charged along the line in the >> production of a product? If it is reclaimed, then it must have been >> charged. While the end cost may not reflect the VAT charged and >> reclaimed, the cost will be increased by the extra requirements of >> paying and retrieving the charges. >> >> In the US, a company that distributes or manufactures a product is >> exempt from sales/use tax when they purchase anything that goes into >> the product. The tax only comes into being when the final distributor >> sells to the end user. >> >> In other words, if I manufacture widgets, I won't pay sales/use taxes >> on anything that I purchase that will be incorporated into the widget >> or the widget's packaging. I will pay sales tax on things like office >> supplies to run the business, and anything else that is not part of >> the product. If I sell my widgets to a retail store, they don't pay >> tax. Only the end user pays tax. >> >> In the US, whether or not there is a sales/use tax on freight charges >> is up to the individual state. Some states exempt it, some don't. > >The whole point of a value added tax is that it is a tax on value that has >been added. A bunch of raw materials come into a mill. Steel leaves the >mill--it is worth more than the raw materials, the difference is value >added, that value added gets taxed. Now the steel goes to a machine shop, >that produces parts that are worth more than the steel, so again there is >value added, which gets taxed. Then the parts go to a factory that turns >them into cars or toasters or cameras, which are worth more than the parts, >so again there is value added. The end result is that the same amount of >tax gets paid but everybody has to keep track of the tax now instead of just >the retailer. Is that a good thing, or a bad thing, in your opinion? I've run a US business. Keeping track of sales tax collected and paying the tax is not a particularly difficult task Computers do most of it. -- Tony Cooper - Orlando, Florida
From: Bill Graham on 12 Feb 2010 02:11 "Peter" <peternew(a)nospamoptonline.net> wrote in message news:4b740603$0$21683$8f2e0ebb(a)news.shared-secrets.com... > "Bill Graham" <weg9(a)comcast.net> wrote in message > news:OpSdneCy8pAsnu_WnZ2dnUVZ_vWdnZ2d(a)giganews.com... >> >> "C J Campbell" <christophercampbellremovethis(a)hotmail.com> wrote in >> message >> news:2010020916350416807-christophercampbellremovethis(a)hotmailcom... >>> On 2010-02-09 14:48:32 -0800, Bruce <docnews2011(a)gmail.com> said: >>> >>>> On Tue, 9 Feb 2010 14:36:11 -0800, C J Campbell >>>> <christophercampbellremovethis(a)hotmail.com> wrote: >>>>> >>>>> Both parties are obsessed with populist "blame the bankers for the >>>>> economy" rhetoric. Which means they are likely to do nothing. Which is >>>>> just the way I like it. Unfortunately, while neither party has said >>>>> "Jewish bankers," the message is just as clear. The nation is being >>>>> run >>>>> by fascists who dominate both sides of the aisle. >>>> >>>> >>>> You should thank God for Sarah Palin, then. >>>> >>>> Palin to the rescue, 2012. ;-) >>> >>> I think not. She will be a fine news commentator -- meaning she will be >>> good for Fox's ratings. But she is regarded as poison by both parties. >>> Her image would need considerable rehabilitation to make her a viable >>> candidate for pretty much anything. >>> >>> I am sure that there are politicians who have a clear sense of >>> responsibility to the Republic and who are not hostage to the extremists >>> of their party. I am also sure that no one like that has a snowball's >>> chance in Hades of getting elected president. Apparently, being a >>> certifiable nutcase is prerequisite for the job. Okay. So Palin to the >>> rescue, then. >>> >> Nutcase or not, if she does nothing but stop those presses from printing >> money, I'll vote for her....... > > > You are even more scary than I thought. > > -- > Peter By this, I take it that you enjoy having the government inflate your money by printing scads of it and forcing it into circulation by giving it away to other people? That way, no matter how strong the safe where you keep it, it will shrink without them even opening the box........It is, by far and away, the easiest method of stealing from you, and, they are the only ones who can do it legally. And, in your case, they don't even have to worry about you complaining about it.......
From: Bill Graham on 12 Feb 2010 02:17 "Pete Stavrakoglou" <ntotrr(a)optonline.net> wrote in message news:hl17kf$m7t$1(a)news.eternal-september.org... > "Peter" <peternew(a)nospamoptonline.net> wrote in message > news:4b740603$0$21683$8f2e0ebb(a)news.shared-secrets.com... >> "Bill Graham" <weg9(a)comcast.net> wrote in message >> news:OpSdneCy8pAsnu_WnZ2dnUVZ_vWdnZ2d(a)giganews.com... >>> >>> "C J Campbell" <christophercampbellremovethis(a)hotmail.com> wrote in >>> message >>> news:2010020916350416807-christophercampbellremovethis(a)hotmailcom... >>>> On 2010-02-09 14:48:32 -0800, Bruce <docnews2011(a)gmail.com> said: >>>> >>>>> On Tue, 9 Feb 2010 14:36:11 -0800, C J Campbell >>>>> <christophercampbellremovethis(a)hotmail.com> wrote: >>>>>> >>>>>> Both parties are obsessed with populist "blame the bankers for the >>>>>> economy" rhetoric. Which means they are likely to do nothing. Which >>>>>> is >>>>>> just the way I like it. Unfortunately, while neither party has said >>>>>> "Jewish bankers," the message is just as clear. The nation is being >>>>>> run >>>>>> by fascists who dominate both sides of the aisle. >>>>> >>>>> >>>>> You should thank God for Sarah Palin, then. >>>>> >>>>> Palin to the rescue, 2012. ;-) >>>> >>>> I think not. She will be a fine news commentator -- meaning she will be >>>> good for Fox's ratings. But she is regarded as poison by both parties. >>>> Her image would need considerable rehabilitation to make her a viable >>>> candidate for pretty much anything. >>>> >>>> I am sure that there are politicians who have a clear sense of >>>> responsibility to the Republic and who are not hostage to the >>>> extremists of their party. I am also sure that no one like that has a >>>> snowball's chance in Hades of getting elected president. Apparently, >>>> being a certifiable nutcase is prerequisite for the job. Okay. So Palin >>>> to the rescue, then. >>>> >>> Nutcase or not, if she does nothing but stop those presses from printing >>> money, I'll vote for her....... >> >> >> You are even more scary than I thought. >> >> -- >> Peter > > I'll take her over the current mistake in the White House in a heartbeat. > Yes. He is the one printing the money and giving it away to the "Poor". Just wait until they try to spend that nest egg in about 10 years........I hope they don't forget to bring a wheelbarrow with them to help them transport it to the bread store......:^)
From: Bill Graham on 12 Feb 2010 02:19 "Peter" <peternew(a)nospamoptonline.net> wrote in message news:4b742b25$0$10724$8f2e0ebb(a)news.shared-secrets.com... > "Pete Stavrakoglou" <ntotrr(a)optonline.net> wrote in message > news:hl17kf$m7t$1(a)news.eternal-september.org... >> "Peter" <peternew(a)nospamoptonline.net> wrote in message >> news:4b740603$0$21683$8f2e0ebb(a)news.shared-secrets.com... >>> "Bill Graham" <weg9(a)comcast.net> wrote in message >>> news:OpSdneCy8pAsnu_WnZ2dnUVZ_vWdnZ2d(a)giganews.com... >>>> >>>> "C J Campbell" <christophercampbellremovethis(a)hotmail.com> wrote in >>>> message >>>> news:2010020916350416807-christophercampbellremovethis(a)hotmailcom... >>>>> On 2010-02-09 14:48:32 -0800, Bruce <docnews2011(a)gmail.com> said: >>>>> >>>>>> On Tue, 9 Feb 2010 14:36:11 -0800, C J Campbell >>>>>> <christophercampbellremovethis(a)hotmail.com> wrote: >>>>>>> >>>>>>> Both parties are obsessed with populist "blame the bankers for the >>>>>>> economy" rhetoric. Which means they are likely to do nothing. Which >>>>>>> is >>>>>>> just the way I like it. Unfortunately, while neither party has said >>>>>>> "Jewish bankers," the message is just as clear. The nation is being >>>>>>> run >>>>>>> by fascists who dominate both sides of the aisle. >>>>>> >>>>>> >>>>>> You should thank God for Sarah Palin, then. >>>>>> >>>>>> Palin to the rescue, 2012. ;-) >>>>> >>>>> I think not. She will be a fine news commentator -- meaning she will >>>>> be good for Fox's ratings. But she is regarded as poison by both >>>>> parties. Her image would need considerable rehabilitation to make her >>>>> a viable candidate for pretty much anything. >>>>> >>>>> I am sure that there are politicians who have a clear sense of >>>>> responsibility to the Republic and who are not hostage to the >>>>> extremists of their party. I am also sure that no one like that has a >>>>> snowball's chance in Hades of getting elected president. Apparently, >>>>> being a certifiable nutcase is prerequisite for the job. Okay. So >>>>> Palin to the rescue, then. >>>>> >>>> Nutcase or not, if she does nothing but stop those presses from >>>> printing money, I'll vote for her....... >>> >>> >>> You are even more scary than I thought. >>> >>> -- >>> Peter >> >> I'll take her over the current mistake in the White House in a heartbeat. > > > Even though she has no ability to think. Yes, she is an excellent public > speaker. Excellent public speakers have caused the deaths of millions. > That's true.....There's one in the White House right now.......
From: Bill Graham on 12 Feb 2010 02:35
"Peter" <peternew(a)nospamoptonline.net> wrote in message news:4b743950$0$22908$8f2e0ebb(a)news.shared-secrets.com... > "tony cooper" <tony_cooper213(a)earthlink.net> wrote in message > news:jqa8n5150cgkug13kev134nhhp66u75ckh(a)4ax.com... >> On Thu, 11 Feb 2010 11:03:46 -0500, "Peter" >> <peternew(a)nospamoptonline.net> wrote: >> >>>"Pete Stavrakoglou" <ntotrr(a)optonline.net> wrote in message >>>news:hl17f0$k6o$1(a)news.eternal-september.org... >>> >>>> A New York State resident is required to pay the difference in sales >>>> tax >>>> to New York for any item purchased out-of-state. If I buy a camera >>>> from a >>>> reseller in another state online, they do not charge me the sales tax. >>>> I >>>> am required by law to pay New York the difference. >>> >>>You are required to make such a declaraton on your New York Income tax >>>return. BTW some retailers such as Amazon, do collect the NY sales tax. >> >> The general rule is if the seller has a presence (store, outlet, >> office) in the state, they must charge sales tax, where applicable, to >> sales made to residents of that state. >> >> Ritz Camera gets around that by having their stores in Florida owned >> by one corporation and their online sales entity owned by a different >> corporation. >> > > > AFAIK Amazon has no presence in NY. Our tax authorities are proactively > attempting to encourage online retailers to collect and turn over the > sales tax. For several years there have been ongoing negotiations between > the various States for an inter-state compact, regarding collection of > sales taxes. There are lots of constitutional and business difficulties > with such a compact. (most states have lots of problems being paid sales > taxes collected by their resident businesses.) Though some inter-state > compacts have been working well, at least in the income tax area. > Sales taxes represent double taxation, and should be declared unconstitutional. Anyone with an ounce of feeling about what's right and fair would know this, and fight any and all sales taxes. I fought them for years by living in California and buying everything either on line, or going to Oregon and buying it. I registered all my vehicles up here in Oregon for many years before I retired and actually moved up here. Now the idiot liberals are talking about replacing the income tax with a National Sales Tax. What a boon to the lawyers that would be......another 100 years of tax litigation handed to them on a silver (no pun intended) platter! Throw out the form 1040 and do it all over again! Even I would vote for such a thing on the off chance that there's an afterlife so I could laugh for another 100 years........ |