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The Water Cooler
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Beef Cattle Question
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<blockquote data-quote="ConstitutionCowboy" data-source="post: 3496153" data-attributes="member: 745"><p>Maybe not ranchers and farmers so much, but small - and even large - businesses pay a property or inventory tax. Here in Oklahoma, it is both. This does hinder business because if a business has the wherewithal to create an inventory that could keep them in business for years to come while paying all the production costs in the current year, the business gets taxed for whatever inventory remains from year to year which adds cost to what those items must be sold for to keep up with profit margins. </p><p></p><p>I mentioned the inventory tax anecdotally. It's the reason a lot of retailers have those "clearance" sales at or near the end of their fiscal year. </p><p></p><p>Woody</p></blockquote><p></p>
[QUOTE="ConstitutionCowboy, post: 3496153, member: 745"] Maybe not ranchers and farmers so much, but small - and even large - businesses pay a property or inventory tax. Here in Oklahoma, it is both. This does hinder business because if a business has the wherewithal to create an inventory that could keep them in business for years to come while paying all the production costs in the current year, the business gets taxed for whatever inventory remains from year to year which adds cost to what those items must be sold for to keep up with profit margins. I mentioned the inventory tax anecdotally. It's the reason a lot of retailers have those "clearance" sales at or near the end of their fiscal year. Woody [/QUOTE]
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