Good point. I'm wondering when they are planning to change the system where your CPA or high profile accounting firm, can also be your auditor?? Here is their dilema, act responsibly and loose a million dollar contract, or fix the books and probably get an additional reward. Somehow they government not only must make it a requirement your CPA can not act in both capacities, but for the auditor to be chosen by some outside party. Thats not the perfect solution, but is better than the present system
I think you all make valid points I tend to side more [but not totally] with DaDakota I was far more liberal than I am now back in the day however I think the EVER INCREASING tax loop hoops are more of the problem than anything If they make 1.2 million . . I'm kewl with that but **** IF THEY TAKE 30% of a guy make 40K then take 30% of Mr. 1.2 million too Some will say that Mr 1.2 is being *penalized* for making more. . . I'm saying . .30% is 30% 30% of 40K is a the different quality of necessities 30% of 1.2 million is the the diferrent quality of Luxuries By all the Tax breaks the rich get . .. that is money that does not goto schools at all. Success is a bit of Luck [Opportunity meets Risk] We all have opportunity for luck . . but most do not jump at it Like DaDakota says . . .some play it safe. . . that is why they get stuck at the low end [Stable Jobs that you have no way in hell of getting fired form . . . . i.e. Gub'mnt jobs. . . pay ok . . but not the BIG BUCKS] [GW Bush = the anti of this argument. . he was just born with a silver spoon in his mouth . . not unlike Gore.] Rocket River
