ObamaTaxcare Tax hits........Veterinarians.

[IGotWorms 4,060]

I take it from your sarcasm that you don't.

 

Fanasty winnings are gambling income which can be offset by gambling losses in the same period. Going to vegas 3 - 4 times a year more than offsets my winnings.

 

What a doosh

[Bert 1,128]

What a doosh

 

Typical liberal. People who comply with our country's tax laws are dooshes.

[IGotWorms 4,060]

Typical liberal. People who comply with our country's tax laws are dooshes.

 

No, but people who act like sanctimonious high rollers are.

[Bert 1,128]

No, but people who act like sanctimonious high rollers are.

High roller? WTF are you talking about?

[drobeski 3,061]

What a doosh

As douchey as criticizing the disabled for daring to think like a conservative ?

[IGotWorms 4,060]

As douchey as criticizing the disabled for daring to think like a conservative ?

 

It would be, if that was what I did

[Bert 1,128]

As douchey as criticizing the disabled for daring to think like a conservative ?

Poor little guy doesn't understand our tax laws so when someone explains how they work they are sanctimonious dooshes.

[Saint Elistan 106]

Veterinary Medicine is the model that Health Care should follow. It's beyond disappointing to hear that sh1tty legislation is going to affect a system that functions so well.

[IGotWorms 4,060]

Veterinary Medicine is the model that Health Care should follow. It's beyond disappointing to hear that sh1tty legislation is going to affect a system that functions so well.

 

Based on a second-hand account of a Facebook post? It seems Obamacare might have some minor effect but I wouldn't put too much stock in what one veterinarian allegedly said on a social networking site. But maybe that's just me

[Recliner Pilot 61]

Based on a second-hand account of a Facebook post? It seems Obamacare might have some minor effect but I wouldn't put too much stock in what one veterinarian allegedly said on a social networking site. But maybe that's just me

I see you still have not read the article.

 

That's OK, it's fun to watch you make a fool of yourself by throwing out "second hand facebook".

 

Like I said, feel free to prove them wrong.

[NewbieJr 541]

Has anyone heard about any fundraisers where I can show my support and donate some money to the poor veterinarians of the country?

[Recliner Pilot 61]

Has anyone heard about any fundraisers where I can show my support and donate some money to the poor veterinarians of the country?

Once again you show what an ignorant fukk you are.

 

The cost is passed on the the little guy, Ducky.

 

Dayum, I should charge you tuition as much as I educate your stoopid ass.

[NewbieJr 541]

Once again you show what an ignorant fukk you are.

 

The cost is passed on the the little guy, Ducky.

 

Dayum, I should charge you tuition as much as I educate your stoopid ass.

Oh. In that case, does anyone know of any fundraisers for pet owners? I want to help their poor souls.

 

 

OBUMMER!!

[penultimatestraw 473]

Veterinary Medicine is the model that Health Care should follow. It's beyond disappointing to hear that sh1tty legislation is going to affect a system that functions so well.

The first part is correct - vets provide itemized bills which are typically agreed to up front, allowing people to understand cost is a consideration for medical care choices, and limit excessive care which doesn't improve quality of life. Plus unwanted parents are sterilized before they contribute to excess population.

 

But vets are underpaid relative to their education/debt and difficulty of their profession IMO. The ACA's impact on their pay remains to be seen.

[Recliner Pilot 61]

Oh. In that case, does anyone know of any fundraisers for pet owners? I want to help their poor souls.

 

 

OBUMMER!!

Call your $100 Million QB.

[penultimatestraw 473]

That's actually pretty awesome you are one of the very very few that report cash income. I know you worry about the greed of the 1% in this country I worry about the greed of the other 99%, most of whom cheat on their taxes. They find it okay to talk about the greed of the wealthy but don't want to talk about their own greed.

All people are greedy, but whose tax evasion is more egregious - the 1% who earn 35% of the $, or the rest of us?

 

Have you ever paid for something in cash for a lower price, realizing the recipient will probably not report the $?

[windycityguy 1]

Pets are simple. Adopt them for next to nothing. Feed them until they die. Bury them in the yard.

 

Only yuppies need vets you cry babies.

[Mungwater 597]

Pets are simple. Adopt them for next to nothing. Feed them until they die. Bury them in the yard.

 

Only yuppies need vets you cry babies.

 

What about ranchers and farmers?

[Recliner Pilot 61]

What about ranchers and farmers?

Windbag guy has never been very smart.

[Bert 1,128]

All people are greedy, but whose tax evasion is more egregious - the 1% who earn 35% of the $, or the rest of us?

 

Have you ever paid for something in cash for a lower price, realizing the recipient will probably not report the $?

 

I am not going to get into which is more egregious because it will turn into an RP/Newbie cluster fock. But I will say the hypocrisy is much much higher with the rest of us. People biotch and complain about the rich and large corporations using loopholes in the tax code while they are using the mortgage interest loophole, child dependent loophole, daycare deduction loophole, lying and taking advantage of the charitable deduction loophole and lying about their actual income.

[KSB2424 3,153]

I am not going to get into which is more egregious because it will turn into an RP/Newbie cluster fock. But I will say the hypocrisy is much much higher with the rest of us. People biotch and complain about the rich and large corporations using loopholes in the tax code while they are using the mortgage interest loophole, child dependent loophole, daycare deduction loophole, lying and taking advantage of the charitable deduction loophole and lying about their actual income.

Truer words have never been spoken.

 

If you are breaking the law (tax) as a corporation, a rich guy or avergage Joe that is one thing. All those are lumped together.

 

However if you are taking advantage of a loophole, or maximizing every available deduction and credit you somehow qualify for on you taxes then you are no different than anybody else. It's not 'greedy' you are playing by the rules that have been established. As the kids used to say "Don't blame the player, blame the game".

 

It's funny to me when Joe the Landscaper who on the weekends spent a bunch of money on his own yard to spruce it up, put all those expenses down as a 'business expense'. When that guy rails on some coroporation or rich guy for using a tax loophole too.

[penultimatestraw 473]

Truer words have never been spoken.

 

If you are breaking the law (tax) as a corporation, a rich guy or avergage Joe that is one thing. All those are lumped together.

 

However if you are taking advantage of a loophole, or maximizing every available deduction and credit you somehow qualify for on you taxes then you are no different than anybody else. It's not 'greedy' you are playing by the rules that have been established. As the kids used to say "Don't blame the player, blame the game".

 

It's funny to me when Joe the Landscaper who on the weekends spent a bunch of money on his own yard to spruce it up, put all those expenses down as a 'business expense'. When that guy rails on some coroporation or rich guy for using a tax loophole too.

While there is a bit of hypocrisy in all of us, there is a threshold one crosses between utilizing the tax code for maximal benefit and gaming the system - taking a home mortage interest deduction isn't the same thing as creating business "expenses" which truly aren't part of one's business. Also the absolute amount of $ which circumvents taxation makes a difference in people's reaction to utilizing "loopholes".

 

Both the game and the players deserve blame when the spirit of the tax code is creatively manipulated.

[Bert 1,128]

Also the absolute amount of $ which circumvents taxation makes a difference in people's reaction to utilizing "loopholes".

Like all the people on the gulf coast that BP agreed to pay all they had to do was bring their tax returns and they freaked out saying that isn't what I really make. How about the people that earn tips and report just enough income so they can get the earned income tax credit?

[redtodd 7]

I have no problem telling you what I make. It's a little less than three times your guess as far as my purchasing agent job. And it's 20k tax free in DJing. That's living very comfortably in my small town. Not rich by any means, but never claimed I was.

 

And you're right about paying child support. I have one more year of that.

 

That's only because you are the dirt bag who doesn't pay his fair share by not claiming your income.

[penultimatestraw 473]

Like all the people on the gulf coast that BP agreed to pay all they had to do was bring their tax returns and they freaked out saying that isn't what I really make. How about the people that earn tips and report just enough income so they can get the earned income tax credit?

Considering the maldistribution of income in this country, I'd bet the wealthy benefit quite a bit more $ from loopholes - both legitimately and deceptively.

[nikki2200 4]

Truer words have never been spoken.

 

If you are breaking the law (tax) as a corporation, a rich guy or avergage Joe that is one thing. All those are lumped together.

 

However if you are taking advantage of a loophole, or maximizing every available deduction and credit you somehow qualify for on you taxes then you are no different than anybody else. It's not 'greedy' you are playing by the rules that have been established. As the kids used to say "Don't blame the player, blame the game".

 

It's funny to me when Joe the Landscaper who on the weekends spent a bunch of money on his own yard to spruce it up, put all those expenses down as a 'business expense'. When that guy rails on some coroporation or rich guy for using a tax loophole too.

 

KSB... the "loopholes" for corporations go a lot deeper than your example of a landscaper claiming home yard work as a business expense. I have seen the whackiest things that I could not BELIEVE were legal, but they are, done by corporations to avoid taxes. I'm not saying they are wrong, because what they do is completely legal due to the hundreds of pages of tax codes that exist. I actually worked for a company that set up a shell company in Thailand or some southeast Asian country and on the books every single product they made ran through the Thai company and made it look like a co-manufacturing set up and they were purchasing everything where the only place in the world this Thai company existed was on paper. They didn't even have an office there. Another large company I worked for ran every single sale through a shell company that didn't really exist other than a few accountants for the same reason and it was agreed upon with the government that they would do this to work out a "tax deal". But it was all legal. Large corporations employ teams of lawyers and pay them a shiitload of money to figure out how to best work around/within the tax laws and we are talking about millions and millions of dollars every year for an individual corporation in tax savings by doing wonky things. There is a reason GE has paid no taxes while still making a profit. You can't really compare this to some dude who expenses some fertilizer he uses in his own backyard.

 

Tax reform for corporations is absolutely necessary. And I believe even the republicans are completely on board with simplifying the tax code so these loopholes don't exist and at the same time lowering the tax rate. It's also kind of funny how the fire-breathing talking points are about how oppressed the poor companies are by high corporate taxes (highest in the world right?). The tax rates are so high because every Fortune 500 company has figured out a million and one ways to get out of paying taxes because our tax code is so convoluted and ridiculous.

 

Small business is a different story because they aren't afforded the same luxuries and yea if they expense some fertilizer when they shouldn't, it is dishonest, but we're not even playing the same game let alone being in the ballpark.

[Voltaire 5,388]

It took a while to open this thread because I really don't give a fock and it smells like fish. But it's a slow day and I'm bored so I opened it. Now that I'm here it, I realize how stupid it is. A bunch of whining over 2.3% partial sales tax we're crying about. Really? We're supposed to give a sh*t?

 

How about this: I'd advise vets to just bump up the cost of treatment 3% and pocket the 0.7% for their troubles. Problem solved. Who's with me? If the 3% increase breaks the bank for somebody, they can follow windycityguy's advice which is just as god anyways.

 

I've got a rodent with hemmoroids over here ... any veterinary proctologists available to inspect this rat's ass?

[Bert 1,128]

KSB... the "loopholes" for corporations go a lot deeper than your example of a landscaper claiming home yard work as a business expense. I have seen the whackiest things that I could not BELIEVE were legal, but they are, done by corporations to avoid taxes. I'm not saying they are wrong, because what they do is completely legal due to the hundreds of pages of tax codes that exist. I actually worked for a company that set up a shell company in Thailand or some southeast Asian country and on the books every single product they made ran through the Thai company and made it look like a co-manufacturing set up and they were purchasing everything where the only place in the world this Thai company existed was on paper. They didn't even have an office there. Another large company I worked for ran every single sale through a shell company that didn't really exist other than a few accountants for the same reason and it was agreed upon with the government that they would do this to work out a "tax deal". But it was all legal. Large corporations employ teams of lawyers and pay them a shiitload of money to figure out how to best work around/within the tax laws and we are talking about millions and millions of dollars every year for an individual corporation in tax savings by doing wonky things. There is a reason GE has paid no taxes while still making a profit. You can't really compare this to some dude who expenses some fertilizer he uses in his own backyard.

 

Tax reform for corporations is absolutely necessary. And I believe even the republicans are completely on board with simplifying the tax code so these loopholes don't exist and at the same time lowering the tax rate. It's also kind of funny how the fire-breathing talking points are about how oppressed the poor companies are by high corporate taxes (highest in the world right?). The tax rates are so high because every Fortune 500 company has figured out a million and one ways to get out of paying taxes because our tax code is so convoluted and ridiculous.

 

Small business is a different story because they aren't afforded the same luxuries and yea if they expense some fertilizer when they shouldn't, it is dishonest, but we're not even playing the same game let alone being in the ballpark.

 

Please stop saying GE pays no tax. GE pays no US income tax because the rates are very high in the US and the same convoluted tax code that allows loopholes for kids and incurring massive debt allows them to do so.

I think most people want to reform the tax code as long as they get to keep their loopholes. Worms for example, in another thread, said he has no problem with the government picking and choosing which things they want to tax more heavily. Well if that is what you want this is the tax scheme you get.

 

I disagree about small and medium sized businesses. They are afforded a huge luxury, most of them are never audited!

[Phurfur 70]

The tax rates are so high because every Fortune 500 company has figured out a million and one ways to get out of paying taxes because our tax code is so convoluted and ridiculous.

Actually, most of these loopholes have been bought and paid for. Special Interest is the 4th branch of our government.

[Recliner Pilot 61]

It took a while to open this thread because I really don't give a fock and it smells like fish. But it's a slow day and I'm bored so I opened it. Now that I'm here it, I realize how stupid it is. A bunch of whining over 2.3% partial sales tax we're crying about. Really? We're supposed to give a sh*t?

 

How about this: I'd advise vets to just bump up the cost of treatment 3% and pocket the 0.7% for their troubles. Problem solved. Who's with me? If the 3% increase breaks the bank for somebody, they can follow windycityguy's advice which is just as god anyways.

 

I've got a rodent with hemmoroids over here ... any veterinary proctologists available to inspect this rat's ass?

 

I don't recall ObamaTaxcare being sold as funded by animal owners. I seem to recall taxes in ObamaTaxcare would only hit those making over $250,000.

[Phurfur 70]

I don't recall ObamaTaxcare being sold as funded by animal owners. I seem to recall taxes in ObamaTaxcare would only hit those making over $250,000.

The cut off right now is $50,000 a year. If you make more you will subsidize those making less.

[IGotWorms 4,060]

It took a while to open this thread because I really don't give a fock and it smells like fish. But it's a slow day and I'm bored so I opened it. Now that I'm here it, I realize how stupid it is. A bunch of whining over 2.3% partial sales tax we're crying about. Really? We're supposed to give a sh*t?

 

How about this: I'd advise vets to just bump up the cost of treatment 3% and pocket the 0.7% for their troubles. Problem solved. Who's with me? If the 3% increase breaks the bank for somebody, they can follow windycityguy's advice which is just as god anyways.

 

I've got a rodent with hemmoroids over here ... any veterinary proctologists available to inspect this rat's ass?

 

It wouldn't even have to be 3%, because this tax only applies to SOME of the machines that vets purchase. So we're probably talking one and a half percent at best

[NewbieJr 541]

It wouldn't even have to be 3%, because this tax only applies to SOME of the machines that vets purchase. So we're probably talking one and a half percent at best

I'm running in a 'Help the Vets' 5K tomorrow. It does my heart good knowing that I'm helping out these innocent victims.

[IGotWorms 4,060]

I'm running in a 'Help the Vets' 5K tomorrow. It doesn my heart good knowing that I'm helping out these victims.

 

You're a real hero. Second only to GFIAFP

[NewbieJr 541]

You're a rule hero. Second only to GFIAFP

I contribute even more money and buy a few snacks at the concession stand. Even if I'm not hungry. I'll give them directly to a veterinarian.

[jerryskids 6,961]

It took a while to open this thread because I really don't give a fock and it smells like fish. But it's a slow day and I'm bored so I opened it. Now that I'm here it, I realize how stupid it is. A bunch of whining over 2.3% partial sales tax we're crying about. Really? We're supposed to give a sh*t?

 

How about this: I'd advise vets to just bump up the cost of treatment 3% and pocket the 0.7% for their troubles. Problem solved. Who's with me? If the 3% increase breaks the bank for somebody, they can follow windycityguy's advice which is just as god anyways.

 

I've got a rodent with hemmoroids over here ... any veterinary proctologists available to inspect this rat's ass?

Well, IMO the point is that these costs will be passed on to consumers. And the amount may be more than 2.3%. Remember that that tax is on REVENUE, not profit. So a corporation selling medical devices will likely mark up the effect to maintain their profit margin. Perhaps double, to 4.6%. The vets (or doctors or hospitals, if we extend the analogy) may do the same in their charge to consumers.

 

Also in the end, the increased price will likely result in lower sales. Some providers will choose not to upgrade equipment at the new higher price, for instance. Basic economics which we've hashed out before.

 

Also also, since the tax is on revenue, it is especially punitive to startups trying to introduce a new medical device. They don't have the established market to go through the above analysis. Their new widget will just cost more and make it harder to introduce.

 

Unintended consequences...

[nikki2200 4]

Well, IMO the point is that these costs will be passed on to consumers. And the amount may be more than 2.3%. Remember that that tax is on REVENUE, not profit. So a corporation selling medical devices will likely mark up the effect to maintain their profit margin. Perhaps double, to 4.6%. The vets (or doctors or hospitals, if we extend the analogy) may do the same in their charge to consumers.

 

Also in the end, the increased price will likely result in lower sales. Some providers will choose not to upgrade equipment at the new higher price, for instance. Basic economics which we've hashed out before.

 

Also also, since the tax is on revenue, it is especially punitive to startups trying to introduce a new medical device. They don't have the established market to go through the above analysis. Their new widget will just cost more and make it harder to introduce.

 

Unintended consequences...

 

From the article I read from Time magazine a few weeks ago, the profit margin on medical devices is ~70% or so. That's the reason they went after that specific industry with a tax.

[IGotWorms 4,060]

Well, IMO the point is that these costs will be passed on to consumers. And the amount may be more than 2.3%. Remember that that tax is on REVENUE, not profit. So a corporation selling medical devices will likely mark up the effect to maintain their profit margin. Perhaps double, to 4.6%. The vets (or doctors or hospitals, if we extend the analogy) may do the same in their charge to consumers.

 

Also in the end, the increased price will likely result in lower sales. Some providers will choose not to upgrade equipment at the new higher price, for instance. Basic economics which we've hashed out before.

 

Also also, since the tax is on revenue, it is especially punitive to startups trying to introduce a new medical device. They don't have the established market to go through the above analysis. Their new widget will just cost more and make it harder to introduce.

 

Unintended consequences...

 

I believe the tax is derived from the purchase price of the machine, not revenue derived therefrom.

[Bert 1,128]

I believe the tax is derived from the purchase price of the machine, not revenue derived therefrom.

So it is a regressive tax.

[NewbieJr 541]

From the article I read from Time magazine a few weeks ago, the profit margin on medical devices is ~70% or so. That's the reason they went after that specific industry with a tax.

Health envy!!