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The Water Cooler
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heads up to business owners SQ766
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<blockquote data-quote="poopgiggle" data-source="post: 1947016" data-attributes="member: 6406"><p>I don't know where you're getting all of this.</p><p></p><p><a href="http://stateimpact.npr.org/oklahoma/2012/10/11/will-public-schools-suffer-if-oklahomans-vote-to-stop-taxing-ideas/" target="_blank">http://stateimpact.npr.org/oklahoma/2012/10/11/will-public-schools-suffer-if-oklahomans-vote-to-stop-taxing-ideas/</a></p><p></p><p>1. It wasn't just public service companies. LOTS of big firms pay taxes on centrally-assessed assets, like airlines.</p><p>2. This is absolutely a tax cut on big companies with centrally-assessed assets, since this removes <em>all</em> taxes on <em>all</em> intangible assets. </p><p>3. Assessors are obviously not up to taxing intangible assets on every single small business (they themselves are saying they probably couldn't if they wanted to), so there's no reason to think that a new tax beyond the $25 "in lieu of" tax would take effect.</p><p></p><p>I could support an amendment that was more specific I guess but it still won't have a positive effect on small businesses.</p><p></p><p></p><p></p><p>Well they can take money away from vital services. The state hasn't shown any reluctance to do that.</p><p></p><p>For things like bond measures, the money has to come from <em>someplace</em>. Oklahoma doesn't really have someplace.</p></blockquote><p></p>
[QUOTE="poopgiggle, post: 1947016, member: 6406"] I don't know where you're getting all of this. [url]http://stateimpact.npr.org/oklahoma/2012/10/11/will-public-schools-suffer-if-oklahomans-vote-to-stop-taxing-ideas/[/url] 1. It wasn't just public service companies. LOTS of big firms pay taxes on centrally-assessed assets, like airlines. 2. This is absolutely a tax cut on big companies with centrally-assessed assets, since this removes [i]all[/i] taxes on [i]all[/i] intangible assets. 3. Assessors are obviously not up to taxing intangible assets on every single small business (they themselves are saying they probably couldn't if they wanted to), so there's no reason to think that a new tax beyond the $25 "in lieu of" tax would take effect. I could support an amendment that was more specific I guess but it still won't have a positive effect on small businesses. Well they can take money away from vital services. The state hasn't shown any reluctance to do that. For things like bond measures, the money has to come from [i]someplace[/i]. Oklahoma doesn't really have someplace. [/QUOTE]
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