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Politics : Formerly About Advanced Micro Devices
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To: American Spirit who wrote (159621)1/31/2003 7:25:19 PM
From: TimF   of 1581717
 
Yes you can right off your expenses, but if you are not going to make a profit you are not getting a long term benefit. The higher your tax rate the lower your projected profit the less sense it makes to invest in your business, unless the tax is high now, but you are almost sure it will be lower when you actually make a profit.

And if not for the tax rates I would have bought bonds and early retired.

The bonds would allow other companies to invest. Or even if you had bought government bonds the extra demand for bonds increases the price, decreasing the yield or interest rate.

Tim
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