This is uncalled for!

nnuut said:
Well, what will they do now?
:laugh:
Michigan Lawmaker Tries to Lure Jack Daniel's Amid Tax Dispute in Tennessee

Published November 17, 2011
| FoxNews.com

  • jack_danielsdistillery.jpg

    FNC
    Shown here is the Jack Daniel's distillery in Lynchburg, Tenn.
Aside from a splash of Coke, nothing is more commonly associated with Jack Daniel's than the town of Lynchburg, Tenn.
But a Michigan lawmaker is hoping the renowned distiller will abandon its Tennessee roots and relocate to his state over a looming tax dispute in the place where Jack Daniel's whiskey was born.



Read more: Michigan Lawmaker Tries to Lure Jack Daniel's Amid Tax Dispute in Tennessee | Fox News
Click to expand...

That would be a first - a company moving from the south to the north to save money.
 
July 25, 2012, 12:01 a.m. EDT
Global economy’s cure is worse than the disease

Commentary: Take two aspirin and call Bernanke in the morning
Global economy
 
Well, what will they do now?
:laugh:
Michigan Lawmaker Tries to Lure Jack Daniel's Amid Tax Dispute in Tennessee

Published November 17, 2011
| FoxNews.com

  • jack_danielsdistillery.jpg

    FNC
    Shown here is the Jack Daniel's distillery in Lynchburg, Tenn.
Aside from a splash of Coke, nothing is more commonly associated with Jack Daniel's than the town of Lynchburg, Tenn.
But a Michigan lawmaker is hoping the renowned distiller will abandon its Tennessee roots and relocate to his state over a looming tax dispute in the place where Jack Daniel's whiskey was born.



Read more: http://www.foxnews.com/politics/201...e-in-tennessee/?test=latestnews#ixzz1e4Wdk5Hl
 
Atarrin said:
It is important to note that the higher the rate of Income tax, the more loopholes there were. While it is true that taxes are near historic lows, the percentages given are a little (but not totally) misleading. When taxes were lowered by Reagan, it was done along with the elimination of several loopholes/tax shelters.
Click to expand...
I agree, getting rid of loopholes is a GREAT place to start!
 
I'm just hoping they preserve the $20 million tax credit for arrow head production. We need those 42 jobs to stay in the USA.
 
It is important to note that the higher the rate of Income tax, the more loopholes there were. While it is true that taxes are near historic lows, the percentages given are a little (but not totally) misleading. When taxes were lowered by Reagan, it was done along with the elimination of several loopholes/tax shelters.
 
Not you again!
We are talking about one company in one city but this is what's been happening to good American companies in America ever sense they were crippled and purposely sent out of the country because of our government's misguided policies. Wake up, look at your state, California is going broke for the same reason.
How's the weather?:laugh:
 
Have to agree with NUUT on this one, ( I know! :nuts:) but this sin tax thing is getting out of hand. It will cause diminishing returns. More cost due to taxation, causing lower volume of sales, causing less returns. Repeat till no one gets anything. Except those willing to smuggle said products. And it will happen! Just look at pot alone....
 
I don't smoke but they keep adding tax to cigarettes and liquor. Seems a bit unfair because I like to drink a beer once in awhile. It's coming to a point of, do I buy my lottery tickets or get that six pack. That's a tough choice. :D
 
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