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Politics : Foreign Affairs Discussion Group

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To: geode00 who wrote (263255)5/4/2008 8:31:58 PM
From: TimF  Read Replies (1) of 281500
 
I'm pretty sure we don't need all the cheap garbage Walmart carries

Obviously there customers don't just think its a bunch of garbage or they wouldn't have many customers.

If you don't like the IRS then you can get a better tax attorney, don't earn any income (live off your savings or the land), set yourself up as a corporation with a PO box in a tropical country or emigrate to a tax haven. You can even run for office on a zero tax platform.

Better tax attorney = Pay a lot of money to a lawyer, and still pay taxes anyway.

Don't earn any income = Be poor, for most people.

Leave the country for a tax haven = 1 Leave your home, your family, your friends, your business contacts. 2 Move far away. 3 Still face tax liability, because the Feds will go after you as a US citizen, and even if your renounce your citizenship, they will go after money you take with you, or even sometimes money you earn for a number of years after renouncing your citizenship. So again, in the end its pay taxes anyway.

Run for office on a zero tax platform = In practical terms it means nothing. But even if you had some distance chance of succeding it means "try to influence the political process so wealth or income won't be taken from you".

None of those are at all like the "if you don't like Walmart" situation where you can just decide not to shop at Walmart, and Walmart can't do anything to you.

(A side note I wouldn't really want a zero tax platform, I'm not an anarchist)

I don't know how tax law applies to drug samples but I don't think a drug company can claim more than it actually spent as a deduction. Are you saying that they can claim, for example, the full retail price of a drug even though it cost them a fraction of that out of pocket?

I'm not a tax lawyer, but I'm pretty sure that they can deduct more than the incremental cost of production. At least they can deduct a portion of the overhead as well.

In any case terms of actual adds they don't spend anywhere neat the claimehey don't spend anywhere near as much on adds and comericals as their detractors imply they do.
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