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The Basement
Apple Loses My Respect
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<blockquote data-quote="John Roberts" data-source="post: 26300" data-attributes="member: 126"><p>Re: Apple Loses My Respect</p><p></p><p>Veer warning-</p><p></p><p>There is an estimated $350B of tax cheating in the US (I don't know how they make that estimate), but even if it's a fraction of that, it is not good. We should pay what we owe, no more and no less. </p><p></p><p>In the recent health care bill, they included a stipulation that all business expenses over $600 would require a 1099 filing, presumably to cut down on fake deductions. Thankfully this was repealed, because it would have been a huge paperwork nightmare for small businesses and probably cost the economy more loss than the tax revenue they could raise by doing that. </p><p></p><p>That said, as we move toward more electronic payment systems, perhaps the government can reduce tax cheating, without hurting honest businesses. Tax cheats don't hurt the government, they hurt the honest people who end up paying more. A few hundred $B won't move the needle on the debt ($14T) or budget discussions, but it all adds up.</p><p></p><p>-un veer- I can think of plenty of practical utility in a log of where someone has been for the last year and exactly when.. A salesman could automatically generate reports, OTOH his boss could also keep track of him... another double edged sword.. Whether tracking employee movements is considered good or bad, probably depends on whether you're the tracker or trackee. So good in the right hands, not so desirable in the wrong hands. </p><p></p><p>JR</p></blockquote><p></p>
[QUOTE="John Roberts, post: 26300, member: 126"] Re: Apple Loses My Respect Veer warning- There is an estimated $350B of tax cheating in the US (I don't know how they make that estimate), but even if it's a fraction of that, it is not good. We should pay what we owe, no more and no less. In the recent health care bill, they included a stipulation that all business expenses over $600 would require a 1099 filing, presumably to cut down on fake deductions. Thankfully this was repealed, because it would have been a huge paperwork nightmare for small businesses and probably cost the economy more loss than the tax revenue they could raise by doing that. That said, as we move toward more electronic payment systems, perhaps the government can reduce tax cheating, without hurting honest businesses. Tax cheats don't hurt the government, they hurt the honest people who end up paying more. A few hundred $B won't move the needle on the debt ($14T) or budget discussions, but it all adds up. -un veer- I can think of plenty of practical utility in a log of where someone has been for the last year and exactly when.. A salesman could automatically generate reports, OTOH his boss could also keep track of him... another double edged sword.. Whether tracking employee movements is considered good or bad, probably depends on whether you're the tracker or trackee. So good in the right hands, not so desirable in the wrong hands. JR [/QUOTE]
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