Ballot Referendum: Exempt Business Inventories from Ad Valorem – VOTE YES
Bill Simon, Friday, October 8th, 2010Ummm…ummm…ummm…gee, this is kinda hard (not really), but let’s look at what this tax does as it exists right now: If you have a business, and you hold inventory, SOMEONE has to finance that inventory without getting cash flow INTO the business. That’s kinda the definition of “inventory.” It is work-product or merchandise that someone […]