Coming flood of Used EV's ...

[jefrank]

As a happy Telsa owner and an even happier F150 Platinum owner: f$$k Elon and whatever is going through his mind today

Ketamine, lots of ketamine.... that's what's going through his mind ;-)

Sponsored

 

[Quibbs]

Ketamine, lots of ketamine.... that's what's going through his mind ;-)

 

[kf59]

Is Elon supporting this move?

Musk is getting a big military deal for his truck so he’s probably content.

 

[Jseis]

I’m disappointed in the OP’s use of “flood“ as a collective noun to describe a charging bank of EVs awaiting to discharge their pent up cells all over the Gulf of America.

 

[TaxmanHog]

You fail to see the efficiency because that's not the goal. Castrating the gov't and making it impossible to catch those cheating on their taxes is the goal. Us W-2 worker bees will still have to pay because of automatic withholding, but those who take in their money through other means that require enforcement to ensure are paid will reap untold benefits.

So, the "Enforcement" I speak of is something most of this audience is not familiar with, it's comforting for most W2 worker bees to think that they have complied, and that's well and good for those who do, I THANK YOU.

Here is the problem, my work focused on businesses that DID NOT remit the taxes taken from your paycheck, do you see the problem yet?

Payroll tax avoidance and failure to remit is a major problem, we're losing BILLIONS of dollars, I and my fellow Revenue Officers investigate these compliance lapses, attempt to recover the funds not paid, from present income, cash on hand, accounts receivables, seizure and sale of assets, be they personal or real-estate property.

Failing successful collection from the primary target, "business entity" we pursue the "Trust Fund" portion of that payroll tax ie. the portion taken from your periodic W2 salary, composed of Federal Income taxes and Social Security taxes and Medicare taxes. We will find the individual persons responsible and wilful for this theft of taxes and assess a civil penalty under IRC 6672, for 100% of that unpaid value of tax. this becomes a personal liability on the responsible party and accounted under their SSN.

We then proceed against the "personal" assets of the individual responsible parties (it can involve multiple liable persons) until the funds are recovered.

Needless to say this is a complex investigation, with long drawn out procedures, sometimes these assessments are not collected, and the entire kit is written off when the 10 year statute of limitations on collection of assessments has tolled.

Those probationary trainees were needed to strengthen the enforcement process, replace dying and retiring senior staff.

 

[jefrank]

So, the "Enforcement" I speak of is something most of this audience is not familiar with, it's comforting for most W2 worker bees to think that they have complied, and that's well and good for those who do, I THANK YOU.

Here is the problem, my work focused on businesses that DID NOT remit the taxes taken from your paycheck, do you see the problem yet?

Payroll tax avoidance and failure to remit is a major problem, we're losing BILLIONS of dollars, I and my fellow Revenue Officers investigate these compliance lapses, attempt to recover the funds not paid, from present income, cash on hand, accounts receivables, seizure and sale of assets, be they personal or real-estate property.

Failing successful collection from the primary target, "business entity" we pursue the "Trust Fund" portion of that payroll tax ie. the portion taken from your periodic W2 salary, composed of Federal Income taxes and Social Security taxes and Medicare taxes. We will find the individual persons responsible and wilful for this theft of taxes and assess a civil penalty under IRC 6672, for 100% of that unpaid value of tax. this becomes a personal liability on the responsible party and accounted under their SSN.

We then proceed against the "personal" assets of the individual responsible parties (it can involve multiple liable persons) until the funds are recovered.

Needless to say this is a complex, investigation, will long drawn out procedures, sometimes these assessments are not collected, and the entire kit is written off when the 10 year statute of limitations on collection of assessments has tolled.

Those probationary trainees were needed to strengthen the enforcement process, replace dying and retiring senior staff.

Yeah, I didn't even consider non-remittance by the employer. I've been fortunate to work for organizations that operated above board, at least in that respect. Not sure what else might have been going on behind the scenes, though. So, it's going to be even easier for bad actors to fail to remit tax payments on behalf of their employees. I'd be shocked if the current president wasn't among those businesses who failed to do so.

Sponsored