Sales tax will be deductible from federal taxes

Almighty Colin · 10-15-2004

I was out of town for a few days and didn't see this posted. The Senate passed a bill that will make sales tax deductible on federal income tax.

Mike AI · 10-15-2004

They need more reform then this.

A flat tax system, with somebased on consumption would be great.

It will never get past the CPAs and lawyers, but it would be revolutionary.

Sharpie · 10-15-2004

Quote:

Originally posted by Colin@Oct 15 2004, 08:33 AM
I was out of town for a few days and didn't see this posted. The Senate passed a bill that will make sales tax deductible on federal income tax.

I was out of town for a few days and didn't see this posted. The Senate passed a bill that will make sales tax deductible on federal income tax.

When does this take effect? I am so glad our government makes bookkeeping so easy.... o, yeah, that was paperwork reduction. I see tons of more receipts in the shoebox:-)

Bishop · 10-15-2004

A flat tax would be heaven.. probably not in our lifetime though..

Jesse_DD · 10-15-2004

I know I'll be taking advantage of this one. That is actually a very good one... just a pain to actually figure out.

10-15-2004	#1
Almighty Colin Members Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 8,059	I was out of town for a few days and didn't see this posted. The Senate passed a bill that will make sales tax deductible on federal income tax. __________________ Almighty Content. Your one stop for live content. Secret Friends, LATINA Secret Friends , My Cam Friends

10-15-2004	#2
Mike AI Administrator Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 11,618	They need more reform then this. A flat tax system, with somebased on consumption would be great. It will never get past the CPAs and lawyers, but it would be revolutionary. __________________ Make big money on your Domains! Why wait 40 days to get paid with the other guys? Parked.com pays the most for your traffic, and cuts checks twice a month!

10-15-2004	#4
Bishop Members Join Date: Apr 2003 Location: Charlotte NC Posts: 1,558	A flat tax would be heaven.. probably not in our lifetime though.. __________________ AEBN - Video On Demand ICQ - 33840775 xPeeps Profile http://xpeeps.com/member.php?u=84

10-15-2004	#5
Jesse_DD Members Join Date: Mar 2003 Posts: 336	I know I'll be taking advantage of this one. That is actually a very good one... just a pain to actually figure out. __________________ Almighty Content - Free Live Content