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Is there something they won't tax?

It's all part of Blago's plan to increase employment. In Indiana, Iowa, Missouri, and Wisconsin...
 
An inefficient business will incur a disproportionately large cost relative to its tunrover compared to an efficient one. The inefficient business will not turn a profit, the efficient one will. The inefficient business currently does not pay tax (in fact it may get a rebate), the efficient business does pay tax. The efficient business is therefore "unfairly" punished relative to its inefficient counterpart.

It'd be like having your income tax based on your disposable income as opposed to your gross income.
 
It's all part of Blago's plan to increase employment. In Indiana, Iowa, Missouri, and Wisconsin...
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...but not Michigan! We're already violently fighting against businesses, working hard to drive them out through the Single Business Tax. This is a tax where the business pays a tax based on its assets, and has nothing whatsoever to do with income, profit, "gross receipts", or anything. You have a desk, you pay a % of its value every year to the government.

In this manner, Michigan has retained just about the highest unemployment rate in the nation, even as the rest of the nation recovered after 9/11. Indeed, our country has been described as having a "recession of one state" -- Michigan.

We re-elected our governor just in time to have her hem-and-haw in front of the cameras last month as Pfizer culled 2800 jobs from Michigan, including a 2200 person research facility in Ann Arbor.

Sweet! Read Ayn Rand? We're livin' it in Michigan!
 
The Don said:
An inefficient business will incur a disproportionately large cost relative to its tunrover compared to an efficient one. The inefficient business will not turn a profit, the efficient one will. The inefficient business currently does not pay tax (in fact it may get a rebate), the efficient business does pay tax. The efficient business is therefore "unfairly" punished relative to its inefficient counterpart.

It'd be like having your income tax based on your disposable income as opposed to your gross income.
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Or alternatively you could do what the UK does and base it on an amount somewhere inbetween.

You get to knock off pension contributions (to encourage rich people to save for their pensions). professional subscriptions and some charitable donations, but not mortgage interest (although you used to), private medical insurance (again, used to be deductible), costs of looking after children (ditto), costs of childcare or maintenance payments and some other charitable donations.

This then means you have a nice complex system that requires you to pay benefits through the tax system (tax credits) to put people back in the position they were before you changed the system.
 
May I suggest 3 things:

1) casinos
2) brothels
3) legalized drugs

Any or all in combination ...

Charlie (I would consider moving there) MOnoxide
 
Beerina said:
...but not Michigan! We're already violently fighting against businesses, working hard to drive them out through the Single Business Tax. This is a tax where the business pays a tax based on its assets, and has nothing whatsoever to do with income, profit, "gross receipts", or anything. You have a desk, you pay a % of its value every year to the government.
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Texas also taxes business property. I had to go down to the assessor's office twice to argue that my office furniture and equipment didn't appreciate, just because the real estate it was located in did.
 
The first time I went to New York (City) I noticed that my hotel bill showed both a "room tax" and an "occupancy tax." I thought of arguing that I hadn't stayed in my hotel room one night just to see if I could get the "occupancy tax" knocked off for that date but decided not to be an a******.
 
Elizabeth I said:
The first time I went to New York (City) I noticed that my hotel bill showed both a "room tax" and an "occupancy tax." I thought of arguing that I hadn't stayed in my hotel room one night just to see if I could get the "occupancy tax" knocked off for that date but decided not to be an a******.
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I just got soaked for that this weekend in San Antonio. :( Room and occupancy tax.

DR
 
Food is not taxed in California, nor are seeds that will grow into food. Home Depot got in trouble here for adding sales tax to tomato plants.
 
clarsct said:
http://www.pjstar.com/stories/021807/DOU_BCDIQ7UM.046.php

Our state is, apparently, rumored to do a gross receipt tax. Yet another tax on businesses. This seems like taxing abusiness twice in its income, unless I am missing something.

Fair or unfair?
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Taxes are rarely fair or unfair - they are made to pull money from whatever the taxing agency thinks it can get away with. Which leads me to two points. 1) I have no employees because I have no interest in doing anymore bookkeeping for the government than I must. 2) I will give up the business before paying anything like that described - or move the business elsewhere. (mine is resonably portable - and after I retire from my primary it is completely portable).:)
 
Darth Rotor said:
I just got soaked for that this weekend in San Antonio. :( Room and occupancy tax.
DR
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Yeah, I've heard we have the highest hotel-motel tax in the state, but since I don't stay in hotels much in the town where I live I didn't know they had added the "occupancy tax." Bummer. I'm really sorry. Seems kind of dishonest to me.
 
It would really blow if they started taxing sex.
 
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