Aces High Bulletin Board

General Forums => The O' Club => Topic started by: A8TOOL on September 22, 2008, 02:41:09 AM

Title: How many times is a gallon of milk taxed?
Post by: A8TOOL on September 22, 2008, 02:41:09 AM

How many times is a gallon of milk taxed before it finally reaches your fridge?

Take into account where the milk comes from. Start with the farmer who buys the cow, food and machinery to extract it then the company that transports it to the factory that makes it and so on. Each step of the way has a tax.

Title: Re: How many times is a gallon of milk taxed?
Post by: Hangtime on September 22, 2008, 02:50:21 AM

Had it explained to me by an IRS weenie... 'Most people think that an 'item' is what the tax target is. It's not. What you pay tax on is the transaction.. not the item'.

wait for it..


Yup. It's not the item.. it's the financial transaction.

What government has done is insert itself in the financial chain or every product, item, service, even abstract ideas.. if a financial transaction occurs, the gum'mint is there with it's claw out. Each step of the way... and right into the ground.

Heluva racket, enh?

"Ohh, yea; the Taxman..."