New DSLR lenses from Nikon

Discussion in 'Nikon' started by Bruce, Feb 9, 2010.

  1. Bruce

    Peter Guest

    Please understand that for over fifty years I have been conditioned to
    understand that in a tax context: "Evasion" is criminal avoidance. What ritz
    did was legal, hence it was avoidance.
    Agreed. Unless it encourages evasion by the end user. then that
    encouragement may, or may not rise to a criminal level.
    The corporate structure allows Ritz to avoid responsibility. There is
    nothing wrong with that. Indeed I consider that smart business practice.
    Never said you didn't try.

    When it comes to taxation issues, by nature and training I am usually
    extremely precise. If I ever tried to explain to a revenue agent that my
    client was legally evading taxes, he would look at me as if I had two heads.
    In other areas, I sometimes err in my choice of words.
     
    Peter, Feb 11, 2010
    #81
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  2. Bruce

    tony cooper Guest

    It seems to me that one of the biggest hurdles any modern-day
    President has is to effectively work with Congress by retaining the
    support of his/her own party members and securing at least some
    support of the opposing party's members.

    Obama has not been particularly effective in this, but Palin would not
    be at all effective in this. IMO.
     
    tony cooper, Feb 11, 2010
    #82
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  3. Bruce

    Peter Guest


    Yes, not only are states different, there are many cities and other
    municipal jurisdictions that impose various types of taxes. In New York only
    New York City and Yonkers are allowed to impose an income tax, but other
    cities and towns are not. Moreover no ton is allowed to impose any kind of
    tax without appropriate legislative authority.
     
    Peter, Feb 11, 2010
    #83
  4. Bruce

    Peter Guest

    I have seen very few no change audits. Here, a sales tax audit is considered
    the worst. Understrand that the IRS auditors are generally more highly
    trained and more highly paid than state auditors. Consequently, they are
    more intelligent and seem to understand business, better.
    Frequently, the IRS gets you on record keeping issues.
    An accountant once bragged to me that none of his clients were ever audited.
    I told him that was because he might not have been doing a good job for his
    clients.

    Seriously, you really don't want any audits, with any agency.
     
    Peter, Feb 11, 2010
    #84
  5. Bruce

    tony cooper Guest

    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.
    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.
     
    tony cooper, Feb 11, 2010
    #85
  6. Bruce

    J. Clarke Guest

    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.
     
    J. Clarke, Feb 12, 2010
    #86
  7. Bruce

    Peter Guest


    True in theory, but the context of my comment was clearly audits by taxing
    authorities.
     
    Peter, Feb 12, 2010
    #87
  8. Bruce

    Peter Guest


    Isn't your Wacom working? I have to do five images for a juried exhibit, but
    haven't decided on my theme. So I wasting time here instead.
     
    Peter, Feb 12, 2010
    #88
  9. Bruce

    tony cooper Guest

    Of course it would be. Not in administering a VAT program, but in
    *initiating* a VAT program. Each state that has a sales tax program
    would have to discontinue that program. Within many states there are
    additional sales/use tax programs that would have to be discontinued.

    The nightmare would be extended to in-fighting within the states. The
    legislature in each state currently decides what is a taxable item and
    what is not taxable, but a federally-operated program would take that
    away from the state.

    The transition from state-collected funding to federal-collected
    funding, and disbursing that money to the states, would be the
    nightmare.
    That's only a problem for non-Americans visiting the country.
    Americans are used to it. It's no different for the tourists than
    adapting to a different monetary system.
     
    tony cooper, Feb 12, 2010
    #89
  10. Bruce

    tony cooper Guest

    You also have the situation of tax-exempt products. Each state has a
    list of items that are non-taxable in that state that may or may not
    be taxable in another state.
     
    tony cooper, Feb 12, 2010
    #90
  11. Bruce

    tony cooper Guest

    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, Feb 12, 2010
    #91
  12. Bruce

    Ray Fischer Guest

    Bad news for anarchist rightards: The Constitution doesn't say
    whatever you want it to say.
    Obviously that rules you out.
     
    Ray Fischer, Feb 12, 2010
    #92
  13. Bruce

    Ray Fischer Guest

    Such obvious bigotry and lying really doesn't say much for you. Obama
    speaks in public regularly and without teleprompters and speaks quite
    well. AND he is capable of keeping three simple ideas in his head
    without having to write them on his palm.
     
    Ray Fischer, Feb 12, 2010
    #93
  14. Bruce

    Ray Fischer Guest

    Another outright lie. The deficit exists almost entirely because of
    Bush and the Republicans who gave away trillions of dollars to the
    wealthy.
     
    Ray Fischer, Feb 12, 2010
    #94
  15. Bruce

    Ray Fischer Guest

    You really are astonishingly stupid.
     
    Ray Fischer, Feb 12, 2010
    #95
  16. Who writes the speeches? That thinking is left to a speech writer. It's no
    red herring, the man is lost without it.
     
    Pete Stavrakoglou, Feb 12, 2010
    #96
  17. It's the policy differences that matter more to me. The differences between
    Palin and Obama are like night and day.
     
    Pete Stavrakoglou, Feb 12, 2010
    #97
  18. There's something to be said about a natianal sales tax, in spite of the
    idiot liberals. A national sales tax will eliminate the underground money.
    Hiding income from the IRS will be moot. When you spend money, whether
    ill-gotten or legitimately earned, the sales tax is applied to whatever you
    buy.

    The problem with a national sales tax is that it will not elimiate the
    income tax. There is no way the federal income tax will ever be eliminated
    because the federal government uses the tax code for political reason and
    they won't be able to do so with a national sales tax. All they'll wind up
    doing is adding a national sales tax in addition to the income tax.

    A somewhat similar concept is bandied around from time-to-time on Long
    Island. Here, we pay exhorbitant property taxes. To give you an example, I
    bought my home for $ 300,000 and my property taxes have now topped $ 11,000
    per year and they just go up every year. 2/3 of that amount is the school
    tax. People can't afford it anymore. Property owners pay the taxes. In
    some communities, particularly where illegal immigrants live, there are
    single-family homes that are rented to multiple families. There may be ten
    kids living in the home. Those kids have to be educated, illegal or not.
    Juxtapose that with a single family living in a home with two kids. Both
    homes in the same community pay the same property tax yet one home has ten
    kids in it going to school. This puts a tremendous tax burden on the
    homeowners. So, a solution bandies around is to impose an income tax to pay
    for the school taxes. However, the income tax will not replace the property
    tax, it will be in addition to the property tax. This will keep property
    taxes from rising and it will also get people who don't own property yet
    have kids in school to also pay as long as they earn an income. It will
    also keep property taxes from rising and will help the retirees from being
    forced to move because their property taxes are too high. The problem for
    working people who are fairly successful is that the additional income tax
    imposed will be more than their property taxes would increase. School's
    have an insatiable appetite for our money just like our government does.
     
    Pete Stavrakoglou, Feb 12, 2010
    #98
  19. Bruce

    tony cooper Guest

    The President has one or more speech writers on his staff just as all
    modern-day Presidents have. Well-known former Presidential speech
    writers include Ted Sorenson and Arthur Schlesinger Jr (JFK), Pat
    Buchanan, William Safire, and Ben Stein (Nixon), Tony Snow (GHW Bush),
    and Jon Favreau (Obama). The speech may be outlined by the President
    and finished by the speechwriter.
    Possibly so in the case of President George W. Bush, but other
    Presidents have been capable of coherent thinking. Bush relied on
    Marc Thiessen to do the thinking.
    He does well with extemporaneous speaking.

    Bush, however, was lost with or without a teleprompter.
     
    tony cooper, Feb 12, 2010
    #99
  20. Palin has policies? I thought it was attitudes that Palin had?
     
    Chris Malcolm, Feb 12, 2010
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