December 12, 2003
The Tax Man/Monster

Says keith over at Hit & run:

The tax code - the most important wargame ever devised. Your opponent writes the rules.

He is commenting on this absurd tax situation involving Corner Comics and the IRS.

Jim Henley clarifies the absurdity:

Inventory is not inventory. And because it hasn't sold - which means it has earned Corner Comics no income - it must be taxed.

I can't imagine a more frivolous barrier to free enterprise than the IRS.

UPDATE(12/17/2003 12:52am)
The end? Power to tax is indeed the power to destroy and Jim Henley posts some thoughts and some links.



Posted by Drizzten at December 12, 2003 12:59 PM

ATTENTION: Comments are closed. You are viewing my old blog, archived for search engine purposes.
To view the new blog, please go to the homepage. To find the current version of this entry, search here.

Comments
Post a comment
Name:


Email Address:


URL:


Comments:


ATTENTION: Comments are closed. You are viewing my old blog, archived for search engine purposes.
To view the new blog, please go to the homepage. To find the current version of this entry, search here.

HTML formatting is disabled. However, you may post a raw URL as it will show up as a clickable link.

Comments are the property and responsibilty of the commenter.

I reserve the right to delete any comment I wish as this is my property you are commenting upon, but I'm pretty laid-back so it isn't likely to happen unless you are some psycho idiot jerk. Oh, and unless you have my permission to promote your good or service, you are wasting your time: unsolicited advertisements will result in comment deletion and URL banning. This blog ain't for you spammers or the crap you want to sell.

Dislike the format, layout, color, or having a hard time reading the text? Comment here and let me know what you think.

Remember info?



Back to the top