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09-03-2014, 02:04 PM   #10111
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QuoteOriginally posted by savoche Quote
Winter?!

Sorry...
If you don't believe me there's always that whole, "When Hell freezes over" thing . . . . .



Adam said.


Last edited by monochrome; 09-03-2014 at 06:26 PM.
09-03-2014, 02:11 PM   #10112
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QuoteOriginally posted by monochrome Quote
There's that whole, "Hell freezes over" thing . . . . .

Adam said.
Ah, Hell is further up the country. This postcard is from Hell station back in the day (yes, you can go through Hell by train).



(Oh, and if you put an extra "o" in "gods" you'll get what kind of building that is )
09-03-2014, 02:40 PM   #10113
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QuoteOriginally posted by magkelly Quote
Sure, I will, but it will be a week on those two at least
Take your time, I'm patient.
09-03-2014, 02:40 PM   #10114
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I like the elephant ear smoke deflectors.

09-03-2014, 03:42 PM   #10115
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QuoteOriginally posted by savoche Quote
Winter?!
09-03-2014, 03:57 PM   #10116
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QuoteOriginally posted by Parallax Quote
No different here lately.
09-03-2014, 04:09 PM   #10117
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QuoteOriginally posted by monochrome Quote
Something is coming.
QuoteOriginally posted by monochrome Quote
Surprise!
I notice that you keep changing your signature...ambivalence?


Steve
09-03-2014, 04:47 PM   #10118
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QuoteOriginally posted by stevebrot Quote
I notice that you keep changing your signature...ambivalence?


Steve
Pick:
  1. Bacon Deprivation
  2. My sig is my blog. It's a SnapThang.
  3. Everyone already knows what I think.
  4. Tone and content reflect my response to the Response.
  5. Maybe if I change tacks . . . . .





Surprise!


Last edited by monochrome; 09-03-2014 at 06:27 PM.
09-03-2014, 04:54 PM   #10119
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QuoteOriginally posted by Joel B Quote
Fire up the suicide hotline for the full frame fanatics, there is going to be much wailing and nashing of teeth!!
I can produce some ROD's (Record of Death). Asphyxiation? CBA? Any antecedents?
09-03-2014, 04:58 PM   #10120
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QuoteOriginally posted by Joel B Quote
Fire up the suicide hotline for the full frame fanatics, there is going to be much wailing and nashing of teeth!!
Don't hang your hat on a flood of low-serial Limiteds.
09-03-2014, 05:59 PM   #10121
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QuoteOriginally posted by savoche Quote
Winter?!

Sorry...
Hah, and the tax man.
09-03-2014, 07:44 PM   #10122
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QuoteOriginally posted by tim60 Quote
Inventory tax - that's a new one on me, although there was something crippled the brandy industry and turned the wine industry into short-term production here - a tax paid at production time, before the product is laid up for cellaring, so the government gets the money early.

Reminds me of the late Ming, which introduced paying tax in advance, and everything went pear-shaped when taxes had to be paid about 7 years in advance of earning the income. They got themselves a new dynasty.
In the US (I may be incorrect that this is not nationwide) businesses are required to pay a tax on their inventory. As such most merchants like to keep the stock on shelves just high enough to meet the demands of their customers, but have little or nothing when it comes time to pay the taxman.

Maybe Parallax can chime in, he is a small business owner.
09-03-2014, 07:56 PM   #10123
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No, you don't pay a (federal) tax on inventory. Difference in inventory from the previous year is part of the income/loss determination for the year. A dollar in income is a dollar in income, whether I put it in my pocket or buy inventory with it. The actual dollar value of the inventory is irrelevant to the equation. i.e. 50,000 last year and 51,000 would yield the same tax liability as 2,000 last year and 1,000 this year, if all other figures are equal.

Last edited by Parallax; 09-03-2014 at 08:03 PM.
09-03-2014, 11:00 PM   #10124
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QuoteOriginally posted by Racer X 69 Quote
In the US (I may be incorrect that this is not nationwide) businesses are required to pay a tax on their inventory.
No, not national, but I believe that Washington has an inventory tax that is balanced against the B&O (gross receipts) tax with the result that there is a disincentive to holding inventory without sales. I don't believe that Oregon has one, though the option is a periodic item of discussion along with a state sales tax.


Steve
09-04-2014, 03:44 AM - 1 Like   #10125
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When taxes are mentioned, all I hear is Vader's theme from the Empire strikes back!!
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