~KitchenManager
Wed, Dec 16, 1998 (08:35)
seed
A self-described stickler must compromise to stay in business.
~PT
Wed, Dec 16, 1998 (14:29)
#1
Only if making money is the intent of the buisiness.
~autumn
Fri, Dec 18, 1998 (21:55)
#2
I thought that was the definition of a business.
~riette
Sat, Dec 19, 1998 (00:16)
#3
ha-ha! That actually makes sense!
~PT
Sat, Dec 19, 1998 (11:17)
#4
Technically yes it is. However, there are a lot of buisinesses out there that
are not interested in making money. Tax shelters are just one kind of these.
~riette
Sun, Dec 20, 1998 (01:39)
#5
Oh, hell, it's America - they'll recover. Land of the free and prosperous....
~PT
Sun, Dec 20, 1998 (16:28)
#6
Tax shelters are NEVER supposed to make money. If they do it causes misfortune.
~riette
Mon, Dec 21, 1998 (05:20)
#7
Wow, that makes sense.
?!?!?!?!?!?!?!?!?!?!?!?!?!
~PT
Mon, Dec 21, 1998 (15:30)
#8
A tax shelter is a buisiness that looses more money on paper than it actually
loses, so the owner pays less taxes on other things which make money.
~riette
Tue, Dec 22, 1998 (03:46)
#9
So a tax shelter is a church then.
~PT
Tue, Dec 22, 1998 (10:28)
#10
Generally a church is a non-profit organization. Supposedly also in buisiness
not to make money. Most churches, however, make money on a scale that would make
a bank robber green with envy. They are just considered to be non-profit by the
government. Therefore, they are tax exempt.
~riette
Tue, Dec 22, 1998 (10:28)
#11
Sheltered from tax then....not that it's a kind of tax shelter, of course...
~PT
Tue, Dec 22, 1998 (10:28)
#12
That is our tax code for you, all tied in knots. It gets really crazy sometimes.
I was fired from a job once because I turned a losing buisiness into a profitable one. Then they told me that I had ruined their tax shelter by making
money.