How are you Coping with Covid?
- Thread starter Dutch Uncle
- Start date
He's an idiot and a scofflaw.
Under his theory, the only time a tax is due is when one party to a transaction gets screwed, and the screwer pays on the amount he bilked the chump. LOL
Hey a chump could declare a loss and deduct it from other taxes for being a sucker! The sucker deduction!
Holy shit, you have a redeeming avocation.
T. A. Gardner
Serial Thread Killer
Taxes? Let's take an example: What do I get from the 18.3 cents of tax per gallon the federal government takes?
https://www.friedmanllp.com/insights/sales-tax-two-for-the-price-of-one
and here is a blurb on the sales tax aspect
and here is a blurb on the sales tax aspect
Highways
You get a federal highway system. And that is heavily subsidized. It has been the same since 1993, when the amount that 18.3 was twice as valuable. If it were adjusted for inflation, it would be 33 cents today.
But you really do not need to be provided anything for your taxes. Taxes are owed on barter, whether you like it or not. It is owed whether you get anything for the taxes or not. Any transaction where you get something, you owe taxes on.
I don't have to support the law to know the law exists.
How are you Coping with Covid?
Im not..... i a am coping with the fucking POS idiots that think we all going to die
Angry you are. Dying of ass cancer before COVID you will! LOL Sorry, that was Yoda hogging the computer.
Billy the Great Khan
Uwaa OmO
There are Olympic level pole vaulters who train all their lives and cannot make the leap you just made.
If you've read the general content of this forum you'd know it's a baby step, not a pole vault.
Do you think it's wrong for an asshole to abuse their position to push a political agenda? Asking for a friend.
There are types of Christians that don't abide or turn the other cheek and rather seek to evangelize. When representing Christ your hand should only use guidance with an extended hand and not a dictating point of the finger. Doing such alienates rather than soothes and is what will drive more people from the faith. They think they are doing God's work but they forget Christ in their actions and drive people further away from God.
Billy the Great Khan
Uwaa OmO
What position is being abused?
cancel2 2022
Canceled
Do yourself a favour and buy some London Pride from this place in Castle Rock, Colorado.
https://bubblesliquorworld.com/Prod...E-4PK-BTL&st=16&UPCCode=009439003392&wc=72998
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^^^^^^Clearly doesn't understand the concept.
If you are provided a service and pay for it with money, the person receiving the money has to pay taxes. If two people provide services to each other because neither is capable of doing what the other can do, there are no taxes to pay.
By definition, barter does not include money, therefore, it cant be the same as if you provide the amount of money.
It becomes easier to hide a service, but technically even a service must be reported. Any exchange of goods or services must be reported, and taxes must be paid on it.
Lets say one person babysits while the other cleans house. Who to say they are not just babysitting and cleaning house for free, so will probably get away with it. But if it is on a larger basis, lets say one company provides transportation, and the other provides medical diagnosis... That would trigger the IRS.
There is sometimes an effort by corporations to use barter to hide income. It is often caught.
That is where it gets UGLY!!! So you have to pay taxes on the "fair market value" of the goods or service that you are bartering. In a normal business transaction, the seller wants a higher price, and the buyer wants a lower price. In a barter transaction, because the price (in money) is never paid, both want the lower price to pay the lowest taxes. They will then claim a ridiculously low price... So far so good. Then the IRS will make a ruling that it is the "standard advertised price". The problem is that is often a starting point for a negotiation down to a real price.
So lets say someone advertises a house for sale for $300k. You would have been able to negotiate them down to $270k. Instead, you paint them a painting you could sell for somewhere between $200k and $300k. You would both like to set the price for everything at $100k, to save everyone tax money. The IRS will probably demand the price be $300k, even though there is no way anyone would have gotten $300k for that house.
Such people aren't being Christian when they do so. Lip-service Christians. They seem to believe they are Christian but are too stupid or mentally ill to understand why they are not.
It doesn't matter. It was a general question, a question you are avoiding answering. That, by itself, is an answer.
