In Reply to: RE: Equipment sold online in 2022 will be taxable income! posted by LtMandella on May 3, 2021 at 13:10:42:
I've been thru most of the lower 48 states many times over, and I see little difference in road quality, and quality of education. Yet I can tell you that those so called high tax states are at the bottom of the list education wise. I should know this as I interviewed them over and over.
Those so called tax dollars are high because your greasing somebody's palm, or meant to be skimmed somewhere along the way. Just happens everyday.
My all time favorite is a guy I know who had a manufacturing business making race car parts used in NASCAR and IMSHA. He did OK in California, but not what I'd call great. He and his wife would visit three or four states every year for a month while vacationing. Mark was in the Virginia / Tennessee area and out of curiosity contacted the local Chamber of Congress about what they could offer him in moving his business east. They offered him the moon and the sun to move east. But not a great big deal till the tax situation come into play. His moving east meant automatic 33% increase in wages for him alone! They even offered him land and all the essentiales need to build on. They offered training for new hires, He moved and has never gone back. Took his employees with him (close to two hundred people). About 25% of his staff stayed behind, and now all but a dozen or so have came to the new place (which gave them an automatic forty percent raise). The state gave him a tax abatement with the stipulation that he must hire within the state border, but they also trained them. Only thing California asked for was more money.
gary
Gary
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Follow Ups
- RE: Equipment sold online in 2022 will be taxable income! - ChesshireCat 21:46:05 05/03/21 (3)
- RE: Equipment sold online in 2022 will be taxable income! - rivervalley817 21:08:14 05/04/21 (0)
- RE: Equipment sold online in 2022 will be taxable income! - LtMandella 22:07:36 05/03/21 (1)
- RE: Equipment sold online in 2022 will be taxable income! - ChesshireCat 19:37:19 05/04/21 (0)