Right click link in a new tab hear
The government should drop the sales tax and replace it with an operating fee for each retail store.Many Shopkeepers don’t turn in their collected sales tax. What they do is for instance buy $10.000 worth of cigarettes and pay $7.000 cash and pay the reminder buy check. What that means only $3,000 shows and that is all that they pay tax on.You can bet your bottom dollar that they work it out with their accountant to justify their living expenses.
In other words they hand in lets say tax on $3.000 if their living expenses are greater otherwise it would draw suspicion by the tax department.
What we propose is and operating fee payed by the shopkeeper. In other words a shop with x amount of square feet would pay a certain amount a Deli would pay less than jewelry store with the same square footage.This way every store pays into the coffers of the government .In end it stops the shopkeeper from”Collecting tax from you and me and not turning it in ..end
MOSES LERMAN BLOG ADMINISTRATOR & EDITOR
THE LERMAN REPORT STAFF