Klarinet Archive - Posting 000471.txt from 2000/01

From: "Karl Krelove" <kkrelove@-----.com>
Subj: RE: [kl] Good Middle School Bass Clarinet?
Date: Sat, 15 Jan 2000 11:16:20 -0500

> Maybe if government agencies stopped taxing merchandise for sale
> as "property," inventories would not be maintained at
> artificially low levels.
>
>

Well, that shows my complete naiveté about the tax situation. What tax is
levied on warehouse inventory? Is it the same in Japan (or is all the
student instrument equipment we buy made here in the U.S.?) When it is sold
subsequent to being taxed in this way, are the proceeds then taxed again as
income? We're really running over the edge of Klarinet's topic area, but I'm
very curious.

Karl Krelove

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