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To: mad_as_he$$

You have absolutely no idea what you are talking about.

Here’s a link to Title 26 of the US Code:

http://www.access.gpo.gov/uscode/title26/title26.html

Here’s a link to the Code of Federal Regulations, Title 26:

http://www.access.gpo.gov/cgi-bin/cfrassemble.cgi?title=200726

Call me when you’re done reading and digesting all of them.


61 posted on 01/13/2008 7:18:51 AM PST by DivaDelMar
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To: DivaDelMar
I have owned and run businesses for thirty years all of them successful I KNOW EXACTLY what filing requirements are and do them on a regular basis. Reporting taxable and non-taxable sales to business owners goes on every day and with the added layer of doing it to a screwed up Federal agency will make it worse. Have you every dealt with the Kalifornia Franchise Tax Board? They are the gold standard of screwed up agencies. The New unFair Tax agency will make them look like amateurs.

You do not think that businesses will sell stuff out the back door when they can charge the same price they used to sell it for and not pay taxes on the associated labor? Inventory shrink will be out of control. Every farmer will suddenly have a dramatic yield reduction and the products will go to the black market. I will run ALL of my night shifts off the books for inventory reporting. Sell the stuff at the flea market or using Amway type schemes.

I haven't even begun to get creative on ways to beat this foolish system. Here's another one. All of my employees get a pay cut that gets them into the prebate level. They all collect prebates and I pay them cash for the balance of the amount they used to make plus some more. Since I no longer have an obligation to report the details of how my business has been run there are no records for the Government to subpoena. Works for me!!!!!

I pay people to know the tax code just like I pay engineers and to know their field. My current accountant is an ex-IRS enforcement guy. We win every time they question something. Why? Because the IRS is full of slugs. All of those slugs will work in your precious new "unFair tax" agency.

Yes the IRS code is a large package. So what? the actual effect on the average Joe is minimal. Besides Jackson-Hewitt will do my taxes for $30 bucks and they got me a great refund!!!! How many time have you heard that? Do you think Joe Sixpack will support this program when you tell him his food is going to coast 30% more at the grocery store? Not likely.

79 posted on 01/13/2008 7:43:03 AM PST by mad_as_he$$ (Hillary cried, New Hampshire died.)
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