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The Water Cooler
General Discussion
"Comprehensive Immigration Reform" What are we reallytalking about?
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<blockquote data-quote="Lurker66" data-source="post: 2567641" data-attributes="member: 24459"><p>All very true and good points. Replacing the personal income tax with a consumer tax kinda means that a individual could funnel most taxable consumed goods thru a "shell" type LLC. The individual wouldnt own or consume much at all. The company however would.</p><p></p><p>So if I had a cattle n land company, I could buy stuff thru my company. I wouldn't own it or pay a consumer tax on it. Its a little more complicated than that but thats best I can do while stuffing my face.</p></blockquote><p></p>
[QUOTE="Lurker66, post: 2567641, member: 24459"] All very true and good points. Replacing the personal income tax with a consumer tax kinda means that a individual could funnel most taxable consumed goods thru a "shell" type LLC. The individual wouldnt own or consume much at all. The company however would. So if I had a cattle n land company, I could buy stuff thru my company. I wouldn't own it or pay a consumer tax on it. Its a little more complicated than that but thats best I can do while stuffing my face. [/QUOTE]
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The Water Cooler
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"Comprehensive Immigration Reform" What are we reallytalking about?
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