Should this be a law?

[angelatc]

B.S.

Broken merchandise is a cost of doing business and entirely tax deductable. If it gets broken, then they write it off and they don't lose a single penny.

Good job at not knowing business law. Thanks for playing.

You've apparently never run a business. I can assure you that writing it off hardly equates to breaking even.

And businesses don't strive to break even.

 

[foofighter20x]

town of 3k huh?

how've your efforts been coming along w/ that meetup group you were starting?

Right... 3K miners, shrimpers, and marine biologists that can't vote for Pres nor even donate their money to him... There's no point in a meet-up here. I work with every American that in this town. They all like Paul because both my co-worker Billy and I are Libertarians and have done nothing but talk Dr Paul up.

Let's take a look at my other accomplishments, however.

I've joined my Meet-Up back home - sent them $100.
I've helped Lord Xar by giving him funds for his radio ad in Iowa - another $100.
I bought 10 tickets via Adopt-an-Iowan for the straw poll - another $350.
I've given the full donation for the primaries to the campaign - another $2300.

That's $2850 dollars. How much have you given?

You want to keep playing this game?

 

[foofighter20x]

You've apparently never run a business. I can assure you that writing it off hardly equates to breaking even.

And businesses don't strive to break even.

Apparently you aren't a CPA or a tax lawyer.

 

[constituent]

yea, we can... it's only proving my point...

not the one you're thinking...

but yea mod., let's keep going back and forth on this one... show us all just how cut out for the job you are.

 

[constituent]

and i edited my earlier post... sorry bout the slowness on that... but you might want to read up on it so you know of the changes.

 

[angelatc]

Apparently you aren't a CPA or a tax lawyer.

I'm not a CPA but we ran a business for years and I'm a cost accountant by trade. Trust me - you don't want to go here with me.

 

[foofighter20x]

and now that both of your premises for why Congress has the power (interstate commerce/international commerce, and military), what is your basis for believing such a law-as that which you propose-would be constitutional... i've forgotten, refresh my memory on that one. not that the constitution matters, after all you swore to uphold it...

The fact that it's in the Constitution is a pretty good start there, Kemosabe.

 

[constituent]

enough of the "i'm right, i know better b/c i outrank you" crap... this isn't the

USAF

United
Sadists
And
Fascists

 

[constituent]

what is in the constitution?

congress may pass laws forcing individuals/business to serve military customers in foreign countries? i don't remember seeing that part in there. hold on, i'll go check.

 

[foofighter20x]

I'm not a CPA but we ran a business for years and I'm a cost accountant by trade. Trust me - you don't want to go here with me.

Experience does not equate to certification or training.

 

[foofighter20x]

what is in the constitution?

congress may pass laws forcing individuals/business to serve military customers in foreign countries? i don't remember seeing that part in there. hold on, i'll go check.

Article I, Section 8, clause 18.

To make Laws which shall be necessary and proper for carrying into effect the foregoing powers...

 

[angelatc]

I have a degree, I didn't get my CPA because I had no desire to do auditing or taxes.

Sigh. Bring it on.

 

[constituent]

yea no, that don't cut it. try again jr. you've got a warped sense of the constitution....

hmmm, maybe one of your subordinates will choose to uphold their oath... that starts happening and the USAF might actually turn into an honorable and noble institution. until then, more folks like you... well enjoy your life of revolving doors.

 

[constituent]

great, you lose so i get an infraction?

"don't insult service members"

give me a break!

 

[foofighter20x]

I have a degree, I didn't get my CPA because I had no desire to do auditing or taxes.

Sigh. Bring it on.

No taxes, no experience with tax law.

Thank you for conceding. Have a nice day.

 

[constituent]

hey foo...

send me another for the pm.

 

[constituent]

this guy is still allowed to moderate?

josh l... where are you?

bradley?

bryan?

anyone?

 

[foofighter20x]

enough of the "i'm right, i know better b/c i outrank you" crap... this isn't the

USAF

United
Sadists
And
Fascists

QFT

great, you lose so i get an infraction?

"don't insult service members"

give me a break!

Don't call them fascists without backing it up.

The fact that you call them fascists shows you don't understand what fascism is.

 

[constituent]

no, it shows that i know exactly what fascism is....

your understand would probably be aided, if you first learned how it was spelled.

 

[angelatc]

No taxes, no experience with tax law.

Thank you for conceding. Have a nice day.

You have no real argument. I have plenty of experience in tax law. I'm a cost accountant. I devote an incredible amount of my day to tax considerations.

Let me ask you this, since you are apparently both a lawyer and a CPA.

Can a business write off a loss greater than net income? Net Profit?

Can a business carry a loss over to the following year?