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Phil Kangas[_4_] Phil Kangas[_4_] is offline
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Default Why no one buys screw machines


"Gunner Asch"
wrote in message
On 02 Oct 2017 17:11:52 -0300, Mike Spencer
wrote:


Until keeping that stock on the shelf becomes a tax
liability.



And thats exactly what happened. As you stated...it was
very common
for shops to run a ****load of parts..ship what was
ordered, then put
the balance in storage until the next order.

This is one of the reasons I have a **** ton of nuts,
bolts and
fasteners of all sorts..plus material that they were made
of. They
had to get rid of the inventory else it was taxed several
times..and
yearly. And this couldnt be passed along to the customer


That inventory tax has to be the most stupid and
unfair tax on the IRS books! Who is the jackass
that pushed for that?