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Originally Posted by whell
Nope. I've been pretty consistent on this point for many, many years, and have also been accumulating disappointment with those I've voted for most of that time. We have, for years, had an absurd US tax system, faulty fiscal policy, and an appetite to spend far more than we collect in taxes, despite the fact that we set a new record in Federal tax collection nearly every year.
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I totally agree with you on this, but we will differ on how fiscal prudence can be established. And it ain't with tax cuts and I for one am all for everyone paying their fair share and increased audits by the IRS.
Last month I casually mentioned to my CPA that most independent construction people (including small contractors) here in Reno prefer or only accept cash and am certain pay no taxes. My CPA said he will not take any small construction companies as a client because "they even want to deduct dog food".
OTOH, my company had to pay a hefty fine for not collecting sales tax from our customers, not because they had to pay the tax, but because we did not have the appropriate paperwork from them.