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Carl will be okay. Let’s reflect back on

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eddy2   Tuesday, 07/03/18 08:43:18 AM
Re: MasterBlastr post# 6534
Post # of 6553 
Carl will be okay. Let’s reflect back on some of the different properties of sales tax’s and revenue tax’s. Sales tax’s is revenue while its counter part revenue tax’s is a liability. We know that you can’t sell a liability but you can sell future revenue. So for our purpose of anylizing the two tax’s the government entity be it revenue Canada or the IRS “ International Revenue Service “ can in fact sell there sales tax position to the public but can’t sell there revenue tax position.

Another property of sales tax is that it is depreciable asset and can be used to offset revenue tax’s owed by a corporation. This depreciation write down does not eleviate the responsibility of the corporation from paying its sales tax collected but it does tie it to future taxable asset value into the future.

Because sales tax is a depreciable asset its counter part or liability tax ie: revenue tax can as discussed be put of paying to its governing institution due to its unique properties of using sales tax’s that has the property that it can be sold by its governing institution to the public.

This action that has been allowed to be put in place and controlled by the governing public institution has opened up a unique opportunity for the public to participate in the owner ship of a unique derivative instrument removing the volitilaty of labor market pricing along with the currency exchanges. The last two mentioned topics will be discussed at a later date. The subject was brought up in earlier discussion that you may want to go back review.

Please insure that you do your own studies using reliable information obtained from your local library and secondary institutions provided through public access to all citizens and none citizens visiting of all provinces, state and country of jurisdiction that you maybe or maybe thinking about investing in. Not all are created equal or can be covered on a individual bases in our discussions.

We and our team does not take any responsibility or liability for work that should be done outside our discussions. We are here to motivate others to look closer at what they are purchasing and the associated risks involved be it financialy or a time related risk associated with a return on an investment and or capital back to the investor.

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