And that's one reason why many companies have done what they can to go to "just in time" inventories to minimize warehousing.

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That's what the company I work for has done. They also converted almost the entire stock room over to consignment. They pay for it as we use it. That way there it isn't considered part of their inventory and they don't pay the taxes on it.

Jodi Moisan wrote: nventory tax is state by state, Indiana got rid of their inventory tax, which is great, because I thought it completely sucked when I had my toy store.

At your mention of inventory taxes, I immediately thought what a pain in the @$$ that must be for small privately-owned placed like comic shops, but I'm sure it was equally painful for you with your toy store.  Ugh!

:-P

Indiana's inventory tax is a classic example of how more taxes really CAN hurt business (or at the very least they can represent additional operating burdens that can potentially bury some small businesses). 

It was the great Democrat Clinton and Greenspan and Democratic leaders that passed the deregulation that is considered at being the root of the current crisis.

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The act that deregulated the banking industry was the Gramm-Leach-Bliley Act and was sponsored in the Senate by Phil Gramm, a Republican, and in the House by Jim Leach, a Republican. So no, you're wrong. They all passed it. They're all guilty. It wasn't just the Dems.

Funny how the fact that the bill was sponsored by Republicans is left out by most right wingers. Clinton was all for it. But even if he wasn't, they had a veto proof majority in the House and Senate.

First vote on it:

http://www.govtrack.us/congress/vote.xpd?vote=s1999-105

Second vote on it:

http://www.govtrack.us/congress/vote.xpd?vote=s1999-354

In fact the number of Dems who voted against it both times was greater than the number of Republicans who voted for it. But it's all the Dems fault. Sheesh.

Edited because I posted the same link twice.

they had a veto proof majority in the House and Senate

+++++++++++++++++++++++

No they didn't

Mass. lawmaker stuffs bra.......with bribes!!

http://www.foxnews.com/story/0,2933,444666,00.html

Mass. lawmaker stuffs bra.......with bribes!!

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Yuck! Don't people know the places that cash has previously been?