"economical"????? No where does it say how many miles it gets to a
gallon of kerosene or their coke. They admit they can't get more than a
hundred miles between services. Looks like the fuel tank is about a foot
by a foot by probably about three foot to fit inside the rails, or about
twenty two gallons or about four and half miles to the gallon.
God Bless America, Bill O|||||||O
mailto:-------------------- http://www.----------.com/

Lon wrote:
>
> No, I meant the far more economical Doble:
> http://www.catskillarchive.com/rrextra/automo.Html

 

Of course we raise the price of the product to cover the expenses,
and if you think that portion of business that being taxed is not be
paid by you then, I don't know what to tell you other than you're not a
self-employed businessman. And definitely not make a product in
competition with China.
God Bless America, Bill O|||||||O
mailto:-------------------- http://www.----------.com/

Matt, Osborn wrote:
>
> I am incorporated, I pay both halves of FICA. The 'half' that the
> corporation pays comes right out of my paycheck. Once again, the
> corporation does not pay taxes.
>
> Think about it, does a corporation retire in Costa Rica to live off
> its profits? Only people do that; the corporation is only a shell,
> providing legal shelter to its incorporators and business for tax
> accountants.
>
> The money a corporation holds isn't useful unless spent on salaries,
> raw materials or production facilities. It isn't like you or I who
> would save it for retirement, go on vacation or some such.
>
> Whenever the corporation spends money it becomes a tax event; such as
> business for a supplier, payroll for employees or income for
> investors; all of which are taxable events.
>
> When a corporation is taxed, one of two things has to happen. Either
> the corporation raises its prices or it reduces its expenses.
> Corporate expenses are payroll, supplies and investor income. Neither
> of the two options affects the corporation. The former will affect
> the customer and the latter affects the suppliers, employees and the
> investors.
>
> In other words, there is no way for a corporation to actually pay
> taxes. A corporation is a way of doing business, not a thing or a
> person. Even though it is for legal reasons, recognized as an entity,
> it is not an actual entity.

 

Of course we raise the price of the product to cover the expenses,
and if you think that portion of business that being taxed is not be
paid by you then, I don't know what to tell you other than you're not a
self-employed businessman. And definitely not make a product in
competition with China.
God Bless America, Bill O|||||||O
mailto:-------------------- http://www.----------.com/

Matt, Osborn wrote:
>
> I am incorporated, I pay both halves of FICA. The 'half' that the
> corporation pays comes right out of my paycheck. Once again, the
> corporation does not pay taxes.
>
> Think about it, does a corporation retire in Costa Rica to live off
> its profits? Only people do that; the corporation is only a shell,
> providing legal shelter to its incorporators and business for tax
> accountants.
>
> The money a corporation holds isn't useful unless spent on salaries,
> raw materials or production facilities. It isn't like you or I who
> would save it for retirement, go on vacation or some such.
>
> Whenever the corporation spends money it becomes a tax event; such as
> business for a supplier, payroll for employees or income for
> investors; all of which are taxable events.
>
> When a corporation is taxed, one of two things has to happen. Either
> the corporation raises its prices or it reduces its expenses.
> Corporate expenses are payroll, supplies and investor income. Neither
> of the two options affects the corporation. The former will affect
> the customer and the latter affects the suppliers, employees and the
> investors.
>
> In other words, there is no way for a corporation to actually pay
> taxes. A corporation is a way of doing business, not a thing or a
> person. Even though it is for legal reasons, recognized as an entity,
> it is not an actual entity.

 

Of course we raise the price of the product to cover the expenses,
and if you think that portion of business that being taxed is not be
paid by you then, I don't know what to tell you other than you're not a
self-employed businessman. And definitely not make a product in
competition with China.
God Bless America, Bill O|||||||O
mailto:-------------------- http://www.----------.com/

Matt, Osborn wrote:
>
> I am incorporated, I pay both halves of FICA. The 'half' that the
> corporation pays comes right out of my paycheck. Once again, the
> corporation does not pay taxes.
>
> Think about it, does a corporation retire in Costa Rica to live off
> its profits? Only people do that; the corporation is only a shell,
> providing legal shelter to its incorporators and business for tax
> accountants.
>
> The money a corporation holds isn't useful unless spent on salaries,
> raw materials or production facilities. It isn't like you or I who
> would save it for retirement, go on vacation or some such.
>
> Whenever the corporation spends money it becomes a tax event; such as
> business for a supplier, payroll for employees or income for
> investors; all of which are taxable events.
>
> When a corporation is taxed, one of two things has to happen. Either
> the corporation raises its prices or it reduces its expenses.
> Corporate expenses are payroll, supplies and investor income. Neither
> of the two options affects the corporation. The former will affect
> the customer and the latter affects the suppliers, employees and the
> investors.
>
> In other words, there is no way for a corporation to actually pay
> taxes. A corporation is a way of doing business, not a thing or a
> person. Even though it is for legal reasons, recognized as an entity,
> it is not an actual entity.

 

You've never seen a P and L statement.
God Bless America, Bill O|||||||O
mailto:-------------------- http://www.----------.com/

Matt, Osborn wrote:
>
> Can you imagine if the government were to tax contracts between
> individuals? Would the contract pay taxes? Of course not, the
> individual pays taxes.
>
> To answer your question, you sent $150,000 of what could have been
> lower prices on your product, payroll (probably yours), supplies,
> facilities or dividends (probably yours) to the IRS. You are free to
> decide where it came from, but I'll guarantee that the corporation
> isn't going to feel the pain nearly as much as you did.
>
> -- msosborn at msosborn dot com

 

You've never seen a P and L statement.
God Bless America, Bill O|||||||O
mailto:-------------------- http://www.----------.com/

Matt, Osborn wrote:
>
> Can you imagine if the government were to tax contracts between
> individuals? Would the contract pay taxes? Of course not, the
> individual pays taxes.
>
> To answer your question, you sent $150,000 of what could have been
> lower prices on your product, payroll (probably yours), supplies,
> facilities or dividends (probably yours) to the IRS. You are free to
> decide where it came from, but I'll guarantee that the corporation
> isn't going to feel the pain nearly as much as you did.
>
> -- msosborn at msosborn dot com

 

You've never seen a P and L statement.
God Bless America, Bill O|||||||O
mailto:-------------------- http://www.----------.com/

Matt, Osborn wrote:
>
> Can you imagine if the government were to tax contracts between
> individuals? Would the contract pay taxes? Of course not, the
> individual pays taxes.
>
> To answer your question, you sent $150,000 of what could have been
> lower prices on your product, payroll (probably yours), supplies,
> facilities or dividends (probably yours) to the IRS. You are free to
> decide where it came from, but I'll guarantee that the corporation
> isn't going to feel the pain nearly as much as you did.
>
> -- msosborn at msosborn dot com

 

Bill,

I can see the WSJ article:

"Despite objections and tremendous pressures from its officers,
investors and its board of directors, IBM has decided to retire to Key
West.

'IBM is not being reasonable' said CEO Joe Blow, we've all worked so
hard to make IBM a success and now IBM takes its money abandons us
all'

IBM was unavailable for comment"

Corporations are legal fictions, just like a contract. And just as
with a contract, a corporation can't pay taxes. Only people can.

Corporate taxes are the governments way of silently, and judging from
your response, successfully taxing people.

I've been self-employed for past thirteen years. My business is
organized as a C corporation and has been my sole source of income.
As the sole shareholder and employee of the corporation, I know
exactly where the money comes from and where it goes. It is I that
pays the taxes, not the corporation.


On Tue, 27 Jun 2006 21:27:05 -0700, "L.W.(Bill) ------ III"
<----------@***.net> wrote:

> You've never seen a P and L statement.
> God Bless America, Bill O|||||||O
>mailto:-------------------- http://www.----------.com/
>
>Matt, Osborn wrote:
>>
>> Can you imagine if the government were to tax contracts between
>> individuals? Would the contract pay taxes? Of course not, the
>> individual pays taxes.
>>
>> To answer your question, you sent $150,000 of what could have been
>> lower prices on your product, payroll (probably yours), supplies,
>> facilities or dividends (probably yours) to the IRS. You are free to
>> decide where it came from, but I'll guarantee that the corporation
>> isn't going to feel the pain nearly as much as you did.
>>
>> -- msosborn at msosborn dot com



-- msosborn at msosborn dot com

 

Bill,

I can see the WSJ article:

"Despite objections and tremendous pressures from its officers,
investors and its board of directors, IBM has decided to retire to Key
West.

'IBM is not being reasonable' said CEO Joe Blow, we've all worked so
hard to make IBM a success and now IBM takes its money abandons us
all'

IBM was unavailable for comment"

Corporations are legal fictions, just like a contract. And just as
with a contract, a corporation can't pay taxes. Only people can.

Corporate taxes are the governments way of silently, and judging from
your response, successfully taxing people.

I've been self-employed for past thirteen years. My business is
organized as a C corporation and has been my sole source of income.
As the sole shareholder and employee of the corporation, I know
exactly where the money comes from and where it goes. It is I that
pays the taxes, not the corporation.


On Tue, 27 Jun 2006 21:27:05 -0700, "L.W.(Bill) ------ III"
<----------@***.net> wrote:

> You've never seen a P and L statement.
> God Bless America, Bill O|||||||O
>mailto:-------------------- http://www.----------.com/
>
>Matt, Osborn wrote:
>>
>> Can you imagine if the government were to tax contracts between
>> individuals? Would the contract pay taxes? Of course not, the
>> individual pays taxes.
>>
>> To answer your question, you sent $150,000 of what could have been
>> lower prices on your product, payroll (probably yours), supplies,
>> facilities or dividends (probably yours) to the IRS. You are free to
>> decide where it came from, but I'll guarantee that the corporation
>> isn't going to feel the pain nearly as much as you did.
>>
>> -- msosborn at msosborn dot com



-- msosborn at msosborn dot com

 

Bill,

I can see the WSJ article:

"Despite objections and tremendous pressures from its officers,
investors and its board of directors, IBM has decided to retire to Key
West.

'IBM is not being reasonable' said CEO Joe Blow, we've all worked so
hard to make IBM a success and now IBM takes its money abandons us
all'

IBM was unavailable for comment"

Corporations are legal fictions, just like a contract. And just as
with a contract, a corporation can't pay taxes. Only people can.

Corporate taxes are the governments way of silently, and judging from
your response, successfully taxing people.

I've been self-employed for past thirteen years. My business is
organized as a C corporation and has been my sole source of income.
As the sole shareholder and employee of the corporation, I know
exactly where the money comes from and where it goes. It is I that
pays the taxes, not the corporation.


On Tue, 27 Jun 2006 21:27:05 -0700, "L.W.(Bill) ------ III"
<----------@***.net> wrote:

> You've never seen a P and L statement.
> God Bless America, Bill O|||||||O
>mailto:-------------------- http://www.----------.com/
>
>Matt, Osborn wrote:
>>
>> Can you imagine if the government were to tax contracts between
>> individuals? Would the contract pay taxes? Of course not, the
>> individual pays taxes.
>>
>> To answer your question, you sent $150,000 of what could have been
>> lower prices on your product, payroll (probably yours), supplies,
>> facilities or dividends (probably yours) to the IRS. You are free to
>> decide where it came from, but I'll guarantee that the corporation
>> isn't going to feel the pain nearly as much as you did.
>>
>> -- msosborn at msosborn dot com



-- msosborn at msosborn dot com