Ahh - Then I need to re-read the book. I just pulled it off my bookshelf and dusted it off this morning.
-Cameron Adam Churvis wrote: > Actually, as a wholesaler you would be responsible for collecting taxes on > all five vehicles. The taxes on the four you sold at retail would be > considered "Sales Taxes," and the one you consumed yourself as a wholesaler > would be considered "Use Tax." They are calculated exactly the same; the > only difference is the way they are categorized for the government. > > There is a very nice mechanism built into the Fair Tax that prevents > cheating in most cases, and that's the fact that all violations are federal > offenses against a tax code, which historically have massive fines and > prison terms. Believe me, whoever is in charge of enforcement will make > sure the money gets collected and paid to the government. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:252158 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
