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Old January 27th 04, 01:13 PM
Ash Wyllie
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Wdtabor opined

In article DcDQb.144901$na.231057@attbi_s04, "Jay Honeck"
writes:



The bank sent me a past due notice for the difference, which I paid the

next
day. It took 8 months to get the excess back from the IRS.


Well, Don, I can top that. As some of you know, as an employer, I must pay
employee withholding (Medicare/Medicaid and Federal) tax, known as "941
Tax."


Ever wonder why we have all this silliness of 940's & 941's & W2's and
Rainforests in Iowa? It really shouldn't be a surprise, any system of
taxation and spending based on a complex deception should be expected to have
goofy results and applications.


Anyone smart enough to fill out a flight plan has already figured out that
taxes on corporations are really taxes on the consumers of whatever that
corporation sells. But the same thing is really true of payroll taxes on
individuals as well.


Actually, it is not clear who pays corporate taxes. The choices are employees,
customers or owners. But it is not corporations.

See http://lpva.com/main/Archives/Editor...r/20040106.htm



-ash
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