Sadly, crack transactions are not taxed, due to their not happening in licensed establishments of business. Although watching crack-fiends try to calculate sales tax in their heads might be entertaining.
Next up: fair use laws for whoring.
Kaylee: So, uh, how come you don't care where you're going? Book: 'Cause how you get there is the worthier part.
'Serenity'
Natter 37: Oddly Enough, We've Had This Conversation Before.
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
Nutty - Jul 27, 2005 9:03:11 am PDT #3287 of 10002
"Mister Spock is on his fanny, sir. Reports heavy damage."
bon bon - Jul 27, 2005 9:03:19 am PDT #3288 of 10002
It's five thousand for kissing, ten thousand for snuggling... End of list.
So, bon, how do the tax laws apply to Teppy's primal fear of inheriting her father's debt?
Don't think they apply, and then it gets a little out of stuff I know. But AFAIK, what Cindy is saying is right: creditors get a crack at the decedent's assets before you do. If the deceased has no assets, I don't think you become liable for the debt.
Does dowry count as a normal gift for taxation purposes?
There are some exemptions for gifts from one spouse to another, but otherwise, yeah.
§ ita § - Jul 27, 2005 9:05:01 am PDT #3289 of 10002
Well not canonically, no, but this is transformative fiction.
Sadly, crack transactions are not taxed, due to their not happening in licensed establishments of business
Ah -- bartering for crack. I couldn't see what it mattered what you spent the money on, but I get it now.
Fred Pete - Jul 27, 2005 9:10:28 am PDT #3290 of 10002
Ann, that's a ferret.
If the tax is repealed, then where does that money come from? Raise the income tax?, Cut Medicaid?, Just add it to the debt?
bon bon, I think this is a very important question as a policy matter. The federal budget is at record deficit levels. How can Congress justify reducing income? Is the "fiscal responsibility" party just going to make the deficit keep going up and up?
Nutty - Jul 27, 2005 9:13:22 am PDT #3291 of 10002
"Mister Spock is on his fanny, sir. Reports heavy damage."
I couldn't see what it mattered what you spent the money on, but I get it now.
Well, no. What you spend the money on does not matter -- crack or crackle finish on your new living room. What matters is whether you or any of your heirs might ever consider selling grandma's beloved wingding. If the wingding has value, you or your heirs might sell it, and become richer thereby. I think the government is taxing inheritors because the wingding IS money, just not in a format that is easily transacted.
And, really, when does money ever change hands without the government taking a cut? Besides envelopes at Christmas and corrupt accountants, I mean.
tommyrot - Jul 27, 2005 9:15:32 am PDT #3292 of 10002
Sir, it's not an offence to let your cat eat your bacon. Okay? And we don't arrest cats, I'm very sorry.
And, really, when does money ever change hands without the government taking a cut?
Some places don't have sales tax, right?
§ ita § - Jul 27, 2005 9:15:46 am PDT #3293 of 10002
Well not canonically, no, but this is transformative fiction.
What matters is whether you or any of your heirs might ever consider selling grandma's beloved wingding.
Are you suggesting taxing upon receipt as a way to prevent black market profit? I responded to your post thinking that crack was hyperbole, but it's not, is it?
Jesse - Jul 27, 2005 9:16:19 am PDT #3294 of 10002
Sometimes I trip on how happy we could be.
Some places don't have sales tax, right?
Yes. New Hampshire, Delaware are two, I think.
P.M. Marc - Jul 27, 2005 9:17:16 am PDT #3295 of 10002
So come, my friends, be not afraid/We are so lightly here/It is in love that we are made; In love we disappear
Oregon also does not have sales tax. Washington has a high sales tax, but no state income tax.
lori - Jul 27, 2005 9:17:27 am PDT #3296 of 10002
Oregon. No?
t x-post