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<blockquote data-quote="MikeC" data-source="post: 266623" data-attributes="member: 1604"><p>We pay an "Ad Valorem" tax on any and all personal property of businesses here in Alabama.</p><p></p><p>For instance the computer I bought for my office years ago gets taxed every year, just like my real estate does.</p><p></p><p>I read a while back that around $0.60 of every earned dollar in the USA goes toward taxes.</p><p></p><p>When that figure gets to 100% we will be a full blown communism.</p><p></p><p>Then they'll give us back what they think we need to live on.</p></blockquote><p></p>
[QUOTE="MikeC, post: 266623, member: 1604"] We pay an "Ad Valorem" tax on any and all personal property of businesses here in Alabama. For instance the computer I bought for my office years ago gets taxed every year, just like my real estate does. I read a while back that around $0.60 of every earned dollar in the USA goes toward taxes. When that figure gets to 100% we will be a full blown communism. Then they'll give us back what they think we need to live on. [/QUOTE]
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