Taxes that some wealthy forget to report

[hoffdano]

Originally Posted by pknopp

I think they were trying to say that when you bought an item that was defective, you returned it and out of the goodness of their hearts the store gave you a refund AND another item the item would be taxable.

In practice that would be true the very small amount of times it happens. I'm sure there are so many exceptions that they could likely write off their time and costs in returning the item that the point becomes moot.

That doesn't happen in the real world. Replace an item, and give you your money back?

[pknopp]

Originally Posted by hoffdano

That doesn't happen in the real world. Replace an item, and give you your money back?

Rarely anyway. Few of the OP's rants were legitimate.

[petch751]

The OP and Obama would tell you it’s greedy to want to keep more of your own money. I believe the very definition of greed is to ask government to take money from the people that worked hard for it and earned it, to redistribute it to those that didn’t.

[petch751]

Originally Posted by EricS39

Pay up pay up pay up

Or should we do something about this tax code and fix some of the crazy rules and focus on simple reasonable rules and then enforce those

Stoking class warfare obviously was good election-year politics, but it isn't the way to restore the American Dream.