On 10/4/2017 12:49 PM, Gunner Asch wrote:
On Wed, 4 Oct 2017 09:13:29 -0700, Leroy Proud-Eagle Garcia
wrote:

On 10/4/2017 8:02 AM, Five To One wrote:
On Tue, 03 Oct 2017 15:35:11 -0700, Gunner Asch
wrote:

On Tue, 03 Oct 2017 09:59:18 -0700, Five To One wrote:


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

It should not surprise you to learn that Gunner is full of ****.
Inventory tax is a state tax, not a federal tax, and it only applies
to a few states:

https://taxfoundation.org/does-your-...ess-inventory/

Gunner's state of California is not among them.

LOL Wieber said that his business accumulates tons of taxable

Cites? I dont manufacture anything, you gormless twit licker.

From a few posts up the thread:

"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"

What is Business Personal Property?

In general, Business Personal Property is all property owned or
leased by a business *except* Real Property and *Inventory* items.
[emphasis added]

Business Personal Property includes, but is not limited to:

Machinery
Computers
Equipment (e.g. FAX machines, photocopiers)
Telephones
Furniture (e.g. desks, chairs, bookcases)
Supplies

Tangible property owned, claimed, possessed or controlled in the
conduct of a profession, trade or business may be subject to
property taxes.

Business Personal Property is valued annually as of January 1.

https://assessor.lacounty.gov/person...assessments-2/

So, Wieber lied again, surprising absolutely no one.

(Grin)..its not in my business inventory. Its in my personal
inventory.

It wasn't taxed when it was in the business's inventory, either.

Btw..I dont live in LA county.

The business from which you scavenged/stole the stuff is. There is no
inventory tax in Kern County, either, nor in any other county from which
you might have scavenged/stole the material.