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pyotr filipivich

on Mon, 06 Jul 2020 18:54:57 -0400 typed in
rec.woodworking the following:

But be that as it may, I take it then that you are not one to
evade your taxes by taking any deductions?

Oh, good grief! Do you really not know the difference?

Look up the Luxury Tax Act of 1991. Great idea, add a 10%
surcharge on boats over $100,000. Would be a real revenue generator.

For some reason, if failed to bring in all that much money, and
two years later it was repealed, due to the lack of jobs, and the
closing of boat building yards. Why? Because people do not have to
conduct their business so as benefit the tax man. While US yards were
closing due to lack of work, the Canadian yards 200 miles to the north
were booked solid.
Now, I'm sure that you'd be willing to chose a US yard, never mind
that it is a minimum of 10% more expensive. Because after all,
apparently to you "avoiding tax" is the same as "evading". And you
wouldn't want to "evade" any taxes, right?

tschus
pyotr

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pyotr filipivich
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