I gotta throw this one out. A buddy has a truck repair shop. He routinely would replace a starter or generator or tranny. then have the old one rebuilt and stick it in a cubby area over the shop. Over a few years, it became a spare parts repository for a good bit of stuff.
Enter the revenuer. "You gotta inventory everything, and pay an inventory tax on it every year." Nope. "Either you do, or I'll come back with the police". Bring 'em on....
About a month later, here comes this fool- I'm sorry, Government Man- and two of the biggest State Troopers he could round up. Buddy pointed to a ladder, and said, 'Have at it'. About fifteen minutes up in that attic area, in the middle of July, the G-man came down and asked for a fan. 'Don't have one, go get your inventory done...' About five more minutes passed, and the G-man reappears. "Would you think there is $100,000 worth of parts up there?" Nope- go finish your inventory... Another five miutes, and "Would you settle for $50,000?" Nope- go do your work... About five more minutes, and all three appeared, looking like well done lobsters. They offered $10,000, and my bud then suggested $100. He paid his inventory tax and hasn't been reassessed since.....
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Women and Tractors - Tractor Engine Repair - by Teri Burkholder. One of the great things about working on a tractor engine with your other half is that you know what he is thinking of at all times and can anticipate his every move and his next thought of what he will do. With Ben, anyway, I can tell! He'll be busy working and I’m handing him tools and he says, "give me that..." and I’ve already got it in his hand or "hand me that....."and I’ve got the portable light right where he needed it placed to see. "Run in the house and get me a...."as I open th
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
