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re: businesses & tax evasion - edited title
Posted on 8/16/17 at 3:05 pm to lsupride87
Posted on 8/16/17 at 3:05 pm to lsupride87
quote:
This is where I explain the difference between tax evasion and tax avoidance class
I'd rather give it to a CPA or an attorney than the government, assuming they pay their taxes that is
0
Posted on 8/16/17 at 3:06 pm to Martini
quote:
Well I know the OP has never eaten at Moscas but it's probably because of lack of parking-not the cash only policy.
Posted on 8/16/17 at 3:06 pm to Festus
quote:
to believe that most businesses are paying 100% of what they owe in taxes is, well.....naive.
concur
Posted on 8/16/17 at 3:07 pm to lsufan_26
They have the right idea if they can get out of paying Social Security. Im all for SS/Wellfare in regards to handicapped. However, I think its robbery having to pay it when it will collapse before I can reap any kind of reward in my later years.
This post was edited on 8/16/17 at 3:07 pm
Posted on 8/16/17 at 3:07 pm to 777Tiger
quote:who's this lucky John Q bastard you speak of....
John Q. Taxpayer gets a rim job on both ends of this spectrum
Posted on 8/16/17 at 3:08 pm to Saskwatch
quote:
it will collapse before I can reap any kind of reward in my later years.
I've been hearing that for all of my tax paying life, SS still here
Posted on 8/16/17 at 3:08 pm to LadyTigress
quote:
bc they want to avoid our tax structure.
Who doesn't?
Posted on 8/16/17 at 3:08 pm to SuperSaint
quote:
Mikelbr Q. Taxpayer gets a rim job on both ends of this spectrum
Posted on 8/16/17 at 3:09 pm to Festus
quote:I own six Speaker City's
Festus
I'm worth 4.2 million dollars that the government knows about.
Posted on 8/16/17 at 3:10 pm to Nuts4LSU
quote:
If all businesses with cash income incorrectly report their cash income, then the only solution would be to require all businesses to be completely cashless. If you assume cash income is always underreported just because it's supposedly easy to underreport it, any business that isn't completely cashless is breaking the law. Why single out Asian-owned ones or ones that are mostly or exclusively cash?
Take that up with the OP.
I'm going to continue to assume cash income is underreported until I'm proven wrong. The next business/employee I meet that correctly reports their cash income will be the first.
To be fair, I'm not speaking from some moral high ground. I'm sure I'd operate the same if given the chance.
Posted on 8/16/17 at 3:11 pm to LadyTigress
In Hong Kong you'd already be dead....
Posted on 8/16/17 at 3:11 pm to dfintlyHmmrd
quote:
Seems pretty racist of you to attack minority owned businesses honestly
Fleur De Lis is still cash or check only right?
Racist arse OP.
Posted on 8/16/17 at 3:14 pm to LadyTigress
quote:
It's not racist if it is true
Unfortunately not how it works
Posted on 8/16/17 at 3:17 pm to go ta hell ole miss
quote:
Cash only or largely cash business don't report their incomes accurately. I'm not sure how this is even debatable.
Are you advocating to make cash illegal?
Huh? How did you jump to that conclusion?
However, now that you've taken us here, I'd argue that the biggest individual reason cash is a preferred payment method is tax evasion. There are plenty of legitimate uses, and those probably outweigh the illegal uses of cash, but I'd still contend the single biggest reason to use cash is tax evasion.
Posted on 8/16/17 at 3:25 pm to LadyTigress
Its your fault because you go to a cash only business because they are usually cheapest. You are enabling them.
Posted on 8/16/17 at 3:30 pm to Jason in BR LA
You're right
Posted on 8/16/17 at 3:32 pm to LadyTigress
Don't some of them file for bankruptcy and reopen under different names? Someone told me that once but I have no clue if it's correct
Posted on 8/16/17 at 3:33 pm to Ed Osteen
quote:
Don't some of them file for bankruptcy and reopen under different names?
yup
Posted on 8/16/17 at 3:53 pm to lsufan_26
quote:
Are we supposed to be waiting for the punchline?
Not a punchline to be had, it is about small places that are cash only. Pointing out places that openly only taking cash, most likely do so for tax purposes..good or bad. Du yeew readz guud?
Posted on 8/16/17 at 3:54 pm to LadyTigress
have an ex spouse that you pay child support to that operates mainly cash
lifestyle doesn't match the income.
lifestyle doesn't match the income.
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