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John Rumm John Rumm is offline
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Default EDF don't make sense

On 08/11/2013 12:16, Gefreiter Krueger wrote:
On Thu, 07 Nov 2013 23:36:44 -0000, John Rumm
wrote:

On 06/11/2013 18:52, Gefreiter Krueger wrote:
On Wed, 06 Nov 2013 18:42:56 -0000, Roland Perry
wrote:

In message , at 18:11:16 on Wed, 6 Nov 2013,
Gefreiter Krueger remarked:
"Expense accounts" have been a dirty word in tax circles for at least
the last 4 years.

Typo, that should have been 40 years.

Not that I know or care much about tax, but I don't see the problem.

Company executives wining and dining each other at the golf club using
untaxed expense accounts. Just the thought of it sends socialists
off in
a conniption fit.

The problem is that tax is applied in so many places. It needs
drastically simplifying.


If you simplified it, it would become obvious how much of ones income
actually gets sequestered that way... the populous would not stand for
it!


Contrarywise, at the moment people fel they are being taxed at every
corner they turn.


Yup, they feel it, but its not there in quite such black and white
contrast.


--
Cheers,

John.

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