It has been said the State of Michigan paid out more in unemployment
stipends than the federal government collected in tax. If I had
incurred such a loss in the bank, I would have been canned without
recourse.....for sure.
On 1/12/22 2:41 PM, Della Barba, Joe via CnC-List wrote:
I was in the boat repair business at that time and the last pre-tax
year was 1.5 million gross and the next year with the tax was 385K.
It does not work, no one will pay it, they’ll find any way around it.
*/Joe Della Barba/*
Coquina
*From:*Bill Coleman via CnC-List <cnc-list@cnc-list.com>
*Sent:* Wednesday, January 12, 2022 2:33 PM
*To:* 'Stus-List' <cnc-list@cnc-list.com>
*Cc:* Bill Coleman <colt...@gmail.com>
*Subject:* [EXTERNAL] Stus-List Canadian Luxury Tax
OK, I know I should just get back to work, but this is a very thought
provoking Bill about to take place,
and it is like watching a slow motion train wreck.
The American Version of the 90’s may not have been what completely
killed C&C, but it certainly guaranteed it.
What do they say, “Those who do not remember the mistakes of the past
are condemned to repeat them in the future” ?!
It’s been about a generation, long enough to forget, I guess. And
Canada has a lot to lose.
https://marinefabricatormag.com/2021/12/20/analysis-shows-canadas-proposed-luxury-tax-will-have-heavy-impact-on-marine-industry/
<https://marinefabricatormag.com/2021/12/20/analysis-shows-canadas-proposed-luxury-tax-will-have-heavy-impact-on-marine-industry/>
https://www.chicagotribune.com/news/ct-xpm-1991-06-13-9102220626-story.html
<https://www.chicagotribune.com/news/ct-xpm-1991-06-13-9102220626-story.html>
Bill Coleman
Entrada, Erie, PA
Thanks to all of the subscribers that contributed to the list to help with the
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Thanks to all of the subscribers that contributed to the list to help with the
costs involved. If you want to show your support to the list - use PayPal to
send contribution -- https://www.paypal.me/stumurray Thanks - Stu