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Even Less Gloom?



 
 
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  #1  
Old June 25th 07, 02:55 AM posted to rec.aviation.piloting
Jay Honeck
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Posts: 3,573
Default Even Less Gloom?

Found a group of like minded hotel entrepreneurs who can " support" local
politicians to get some government welfare for all of you


The thought of sucking from the gummint teat sickens me, quite
frankly. I'd rather close.

No, we'll just keep on being the best damned hotel in the market.
None of their stupid gummint welfare can change the fact that most
hotels just plain suck at customer service -- and THAT is our big
edge.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

  #2  
Old June 25th 07, 03:00 AM posted to rec.aviation.piloting
Jose
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Posts: 897
Default Even Less Gloom?

The thought of sucking from the gummint teat sickens me, quite
frankly. I'd rather close.


Oh?

That's 500 gummint-built hotel rooms, in this itty-bitty market. Not
that I blame the guys who got it -- hey, I'd take it, too --


Hmmmm.

Jose
--
You can choose whom to befriend, but you cannot choose whom to love.
for Email, make the obvious change in the address.
  #3  
Old June 25th 07, 01:47 PM posted to rec.aviation.piloting
Jay Honeck
external usenet poster
 
Posts: 3,573
Default Even Less Gloom?

The thought of sucking from the gummint teat sickens me, quite
frankly. I'd rather close.


Oh?

That's 500 gummint-built hotel rooms, in this itty-bitty market. Not
that I blame the guys who got it -- hey, I'd take it, too --


Hmmmm.


A moment of hyperbole, I'm afraid. Just trying to make myself feel
better by justifying the dishonorable acts of the corporate whores.

I've never taken any money from the gummint, for anything. Don't like
banks much, either, although they are occasionally necessary.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"

  #4  
Old June 25th 07, 03:47 PM posted to rec.aviation.piloting
Jose
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Posts: 897
Default Even Less Gloom?

I've never taken any money from the gummint, for anything.

You deduct any of the costs of flying?

I can't.

Jose
--
You can choose whom to befriend, but you cannot choose whom to love.
for Email, make the obvious change in the address.
  #5  
Old June 25th 07, 06:25 PM posted to rec.aviation.piloting
Neil Gould
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Posts: 723
Default Even Less Gloom?

Recently, Jose posted:

I've never taken any money from the gummint, for anything.


You deduct any of the costs of flying?

I can't.

Could that possibly be due to your not deriving any income from your
flying activities on which you pay taxes? Tax deductions are not
necessarily "...taking money *from* the..." gov't; just not paying more
than your due.

Neil


  #6  
Old June 25th 07, 06:54 PM posted to rec.aviation.piloting
Jose
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Posts: 897
Default Even Less Gloom?

Could that possibly be due to your not deriving any income from your
flying activities on which you pay taxes?


It could be. I have my own business too and am familiar with tax rules.
However, I also know that with the right setup (and Jay certainly has
the right setup) one can excercise considerable discretion as to how one
allocates "business purpose" and how much "ancillary pleasure" one can
derive at government expense through that allocation.

Perhaps I could become the "flying tutor" and get the government to pay
for some spectacular cross country trips. And even get money back for
my "tax loss".

Jose
--
You can choose whom to befriend, but you cannot choose whom to love.
for Email, make the obvious change in the address.
  #7  
Old June 25th 07, 07:51 PM posted to rec.aviation.piloting
Neil Gould
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Posts: 723
Default Even Less Gloom?

Recently, Jose posted:

Could that possibly be due to your not deriving any income from your
flying activities on which you pay taxes?


It could be. I have my own business too and am familiar with tax
rules. However, I also know that with the right setup (and Jay
certainly has the right setup) one can excercise considerable
discretion as to how one allocates "business purpose" and how much
"ancillary pleasure" one can derive at government expense through
that allocation.

I also am self-employed ("celebrating" my 30th year this summer), and am
familiar with the tax code. In my experience, while there are some savings
from deducting travel expenses, it's unlikely that I could justify flying
on that basis alone.

Perhaps I could become the "flying tutor" and get the government to
pay for some spectacular cross country trips. And even get money
back for my "tax loss".

Well, if your students are spread around, you may be able to recover some
of your costs. OTOH, it might be interesting if you are a tutor of
geography or, better, cartography! ;-)

Neil


  #8  
Old June 25th 07, 10:49 PM posted to rec.aviation.piloting
Bob Noel
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Posts: 1,374
Default Even Less Gloom?

In article ,
Jose wrote:

Perhaps I could become the "flying tutor" and get the government to pay
for some spectacular cross country trips.


reducing your tax liability isn't at all the same as having the government
pay.

--
Bob Noel
(goodness, please trim replies!!!)

  #9  
Old June 25th 07, 06:20 PM posted to rec.aviation.piloting
Paul kgyy
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Posts: 283
Default Even Less Gloom?


I've never taken any money from the gummint, for anything.
--


You've never taken a tax deduction for mortgage interest?

  #10  
Old June 25th 07, 06:28 PM posted to rec.aviation.piloting
Jim Logajan
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Posts: 1,958
Default Even Less Gloom?

Paul kgyy wrote:

I've never taken any money from the gummint, for anything.
--


You've never taken a tax deduction for mortgage interest?


That's keeping one's _own_ hard-earned income.
 




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