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Strategies & Market Trends : Asia Forum

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To: kormac who wrote (9487)2/17/2000 12:06:00 PM
From: DMaA   of 9980
 
The law will tax gross profit instead of net gains in banks with deposits of more than $45.7 billion. In other words, even banks with negative balance sheets will have to pay taxes.

Is there a pattern developing here? McCain the other day had a similar hair brained idea about eliminating legitimate business expense deductions.
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