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LVRJ: Comp meals must be taxed, NV state Tax Commission finds

#1

LVRJ: Comp meals must be taxed, NV state Tax Commission finds

http://www.lvrj.com/business/comp-meals-must-be-taxed-state-tax-commission-finds-160304585.html

or

http://tinyurl.com/7fpd4vv

<a href="http://tinyurl.com/7fpd4vv">
http://tinyurl.com/7fpd4vv</a>

···

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This link is posted for informational purposes
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#2

Stupid ruling. This guarantees stingier F&B comps in days ahead.
Typical brain-dead bureaucratic money grab.

···

Sent from TC's iPad

On Jun 26, 2012, at 8:31 AM, vpFREE Administrator <vpfree3355@gmail.com> wrote:

LVRJ: Comp meals must be taxed, NV state Tax Commission finds

http://www.lvrj.com/business/comp-meals-must-be-taxed-state-tax-commission-finds-160304585.html

or

http://tinyurl.com/7fpd4vv

<a href="http://tinyurl.com/7fpd4vv">
http://tinyurl.com/7fpd4vv</a>

*************************************************
This link is posted for informational purposes
and doesn't constitute an endorsement or approval
of the linked article's content by vpFREE. Any
discussion of the article must be done in
accordance with vpFREE's rules and policies.
*************************************************

[Non-text portions of this message have been removed]

#3

Tabbycat wrote: Stupid ruling. This guarantees stingier F&B comps in days ahead.
Typical brain-dead bureaucratic money grab.

While I agree that stingier F&B comps are in our future (and said as much on last Thursday's radio show), I don't understand what makes this a stupid ruling or a brain-dead bureaucratic money grab. States need to generate income from somewhere, and everybody rathers that "other people" are the ones footing the bill. To most non-gamblers it makes sense to tax casinos more. (And to most non-smokers it makes sense to tax smokers more. And to most non-drinkers . . . etc.) Is it just because it hurts us that it's a "stupid ruling?" Or do you have a less-self-centered argument as well? Bob

[Non-text portions of this message have been removed]

#4

IN has the same rule but at the casino I play at (and monitor) free meals
include comping the tax. The tax appears as a separate line item on the
receipt.

Bob Dancer

···

From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
Sent: Tuesday, July 03, 2012 1:37 AM
To: vpfree@yahoogroups.com
Subject: RE: [vpFREE] LVRJ: Comp meals must be taxed, NV state Tax
Commission finds

Tabbycat wrote: Stupid ruling. This guarantees stingier F&B comps in days
ahead.
Typical brain-dead bureaucratic money grab.

While I agree that stingier F&B comps are in our future (and said as much on
last Thursday's radio show), I don't understand what makes this a stupid
ruling or a brain-dead bureaucratic money grab. States need to generate
income from somewhere, and everybody rathers that "other people" are the
ones footing the bill. To most non-gamblers it makes sense to tax casinos
more. (And to most non-smokers it makes sense to tax smokers more. And to
most non-drinkers . . . etc.) Is it just because it hurts us that it's a
"stupid ruling?" Or do you have a less-self-centered argument as well? Bob

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

#5

Not putting these words into tabbycat's keyboard, but my answer to your query is:
By adding an increased tax burden on a business sector that is still vital to Nevada's economic recovery, where that business sector is at a prosperity level of still negative growth now and probably into the foreseeable future is trying to provide a short-term stop gap to the state's problem, which will not be enough for this given the numbers of the state's problem, at the expense of further harming economic growth.

I found your statement about taxing the other guy interesting, but did not uncover the real problem. Whether it is Social Security, tobacco, cars, etc. the tax is supposed to go to a specific use, but in most cases does not, so that the government can spend money on whatever they decide instead of what they are supposed to.

···

To: vpfree@yahoogroups.com
From: bobdancervp@hotmail.com
Date: Mon, 2 Jul 2012 23:36:56 -0700
Subject: RE: [vpFREE] LVRJ: Comp meals must be taxed, NV state Tax Commission finds

Tabbycat wrote: Stupid ruling. This guarantees stingier F&B comps in days ahead.

Typical brain-dead bureaucratic money grab.

While I agree that stingier F&B comps are in our future (and said as much on last Thursday's radio show), I don't understand what makes this a stupid ruling or a brain-dead bureaucratic money grab. States need to generate income from somewhere, and everybody rathers that "other people" are the ones footing the bill. To most non-gamblers it makes sense to tax casinos more. (And to most non-smokers it makes sense to tax smokers more. And to most non-drinkers . . . etc.) Is it just because it hurts us that it's a "stupid ruling?" Or do you have a less-self-centered argument as well? Bob

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

#6

Which is the pr behind nearly all taxes.. For example in Texas they state amazon.com must now charge tax because schools need money...so the people now believe all the additional money raised will now go to the schools... In reality probably less than 5 percent will find its way to education... it's all about pr so that governments can cover their own checks

···

Sent from my iPad

On Jul 3, 2012, at 9:06 AM, Tim Tucker <smellypuppy@hotmail.com> wrote:

Not putting these words into tabbycat's keyboard, but my answer to your query is:
By adding an increased tax burden on a business sector that is still vital to Nevada's economic recovery, where that business sector is at a prosperity level of still negative growth now and probably into the foreseeable future is trying to provide a short-term stop gap to the state's problem, which will not be enough for this given the numbers of the state's problem, at the expense of further harming economic growth.

I found your statement about taxing the other guy interesting, but did not uncover the real problem. Whether it is Social Security, tobacco, cars, etc. the tax is supposed to go to a specific use, but in most cases does not, so that the government can spend money on whatever they decide instead of what they are supposed to.

To: vpfree@yahoogroups.com
From: bobdancervp@hotmail.com
Date: Mon, 2 Jul 2012 23:36:56 -0700
Subject: RE: [vpFREE] LVRJ: Comp meals must be taxed, NV state Tax Commission find

Tabbycat wrote: Stupid ruling. This guarantees stingier F&B comps in days ahead.

Typical brain-dead bureaucratic money grab.

While I agree that stingier F&B comps are in our future (and said as much on last Thursday's radio show), I don't understand what makes this a stupid ruling or a brain-dead bureaucratic money grab. States need to generate income from somewhere, and everybody rathers that "other people" are the ones footing the bill. To most non-gamblers it makes sense to tax casinos more. (And to most non-smokers it makes sense to tax smokers more. And to most non-drinkers . . . etc.) Is it just because it hurts us that it's a "stupid ruling?" Or do you have a less-self-centered argument as well? Bob

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

------------------------------------

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#7

I'm not saying this is or isn't stupid. . . I'm just wondering how it
may affect the free meals that many casinos offer their employees.
Will they now discontinue this? Will they charge for the meal?
Will they charge just the tax on the meal?
And what about players that are comped? Will we end up
paying just the tax on our meals? Will the property involved
also waive this? (I doubt it as there are many examples of
the properties passing on taxes--ie-last 7 Stars event in AC etc.)
A comped meal is still a nice benefit--however having to actually
"pay" for part of it just kinda takes the "shine" off the whole thing. . . .
Just sayin. . . . .

Jean H--
The random number generator does not respond
to violence. -Melissa Fine, Strictly Slots

Life is ten percent what you make it
and ninety percent how you take it!

“I believe in luck: how else can you explain
the success of those you dislike?” —Jean Cocteau

···

________________________________
From: Bob Dancer <bobdancervp@hotmail.com>
To: vpfree@yahoogroups.com
Sent: Tuesday, July 3, 2012 1:36 AM
Subject: RE: [vpFREE] LVRJ: Comp meals must be taxed, NV state Tax Commission finds

Tabbycat wrote: Stupid ruling. This guarantees stingier F&B comps in days ahead.
Typical brain-dead bureaucratic money grab.

While I agree that stingier F&B comps are in our future (and said as much on last Thursday's radio show), I don't understand what makes this a stupid ruling or a brain-dead bureaucratic money grab. States need to generate income from somewhere, and everybody rathers that "other people" are the ones footing the bill. To most non-gamblers it makes sense to tax casinos more. (And to most non-smokers it makes sense to tax smokers more. And to most non-drinkers . . . etc.) Is it just because it hurts us that it's a "stupid ruling?" Or do you have a less-self-centered argument as well? Bob

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

#8

If they pass the tax on to employees and patrons using comps and in however long it will take for this dispute to be resolved by the NV supreme court and if they overturn the tax - how will all of those $millions ever be refunded to individual people who paid them? Will we need to keep records and each person seek a refund from the state?

···

To: vpFREE@yahoogroups.com
From: kjhaka@yahoo.com
Date: Tue, 3 Jul 2012 13:30:41 -0700
Subject: Re: [vpFREE] LVRJ: Comp meals must be taxed, NV state Tax Commission finds

      I'm not saying this is or isn't stupid. . . I'm just wondering how it

may affect the free meals that many casinos offer their employees.

Will they now discontinue this? Will they charge for the meal?

Will they charge just the tax on the meal?

And what about players that are comped? Will we end up

paying just the tax on our meals? Will the property involved

also waive this? (I doubt it as there are many examples of

the properties passing on taxes--ie-last 7 Stars event in AC etc.)

A comped meal is still a nice benefit--however having to actually

"pay" for part of it just kinda takes the "shine" off the whole thing. . . .

Just sayin. . . . .

Jean H--

The random number generator does not respond

to violence. -Melissa Fine, Strictly Slots

Life is ten percent what you make it

and ninety percent how you take it!

“I believe in luck: how else can you explain

the success of those you dislike?” —Jean Cocteau

________________________________

From: Bob Dancer <bobdancervp@hotmail.com>

To: vpfree@yahoogroups.com

Sent: Tuesday, July 3, 2012 1:36 AM

Subject: RE: [vpFREE] LVRJ: Comp meals must be taxed, NV state Tax Commission finds

Tabbycat wrote: Stupid ruling. This guarantees stingier F&B comps in days ahead.

Typical brain-dead bureaucratic money grab.

While I agree that stingier F&B comps are in our future (and said as much on last Thursday's radio show), I don't understand what makes this a stupid ruling or a brain-dead bureaucratic money grab. States need to generate income from somewhere, and everybody rathers that "other people" are the ones footing the bill. To most non-gamblers it makes sense to tax casinos more. (And to most non-smokers it makes sense to tax smokers more. And to most non-drinkers . . . etc.) Is it just because it hurts us that it's a "stupid ruling?" Or do you have a less-self-centered argument as well? Bob

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

#9

test

···

--- In vpFREE@yahoogroups.com, Paul Coleman <pdcolemanjr@...> wrote:

Which is the pr behind nearly all taxes.. For example in Texas they state amazon.com must now charge tax because schools need money...so the people now believe all the additional money raised will now go to the schools... In reality probably less than 5 percent will find its way to education... it's all about pr so that governments can cover their own checks

Sent from my iPad

On Jul 3, 2012, at 9:06 AM, Tim Tucker <smellypuppy@...> wrote:

> Not putting these words into tabbycat's keyboard, but my answer to your query is:
> By adding an increased tax burden on a business sector that is still vital to Nevada's economic recovery, where that business sector is at a prosperity level of still negative growth now and probably into the foreseeable future is trying to provide a short-term stop gap to the state's problem, which will not be enough for this given the numbers of the state's problem, at the expense of further harming economic growth.
>
> I found your statement about taxing the other guy interesting, but did not uncover the real problem. Whether it is Social Security, tobacco, cars, etc. the tax is supposed to go to a specific use, but in most cases does not, so that the government can spend money on whatever they decide instead of what they are supposed to.
>
> To: vpfree@yahoogroups.com
> From: bobdancervp@...
> Date: Mon, 2 Jul 2012 23:36:56 -0700
> Subject: RE: [vpFREE] LVRJ: Comp meals must be taxed, NV state Tax Commission find
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> While I agree that stingier F&B comps are in our future (and said as much on last Thursday's radio show), I don't understand what makes this a stupid ruling or a brain-dead bureaucratic money grab. States need to generate income from somewhere, and everybody rathers that "other people" are the ones footing the bill. To most non-gamblers it makes sense to tax casinos more. (And to most non-smokers it makes sense to tax smokers more. And to most non-drinkers . . . etc.) Is it just because it hurts us that it's a "stupid ruling?" Or do you have a less-self-centered argument as well? Bob
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> vpFREE Links: http://www.west-point.org/users/usma1955/20228/V/Links.htm
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