[Jewelry making - Article 00072] - Re: [Orchid] Whether or not to get a tax id

[Daniel R. Spirer]

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Neil,

>     I wonder if if this is something particular to the state of
>     Taxachusetts? 

    I have to tell you I take umbrage with this comment. In fact,
    Massachusetts, when looking at taxes as a percentage of income, is
    way down at the bottom of the list of taxes paid (I can't remember
    the exact number but we were more than 30th). Even if you look at it
    in other ways we have nowhere near the high taxes that, for some
    inexplicable reason, people seem to assume we do. I can't remember
    off hand what state you're in, but I'd be happy to have an off list
    comparison of each of our tax liabilities. I bet you would be
    amazingly surprised at how much less we pay than most people. And on
    top of that it's a great blue state to live in with great services
    that come from our tax money. Unfortunately I missed Karen's
    original posting on this particular tax question so I'm not sure what
    she's referring to, but it could be some of the local property taxes
    that are individual to different communities. However, I don't
    believe you pay on the retail value, but the cost, as with most
    issues around inventory. 

Daniel R. Spirer, G.G.
Daniel R. Spirer Jewelers, LLC
1780 Massachusetts Ave.
Cambridge, MA 02140
www.spirerjewelers.com
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