Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Mani1 who wrote (115037)	6/8/2000 6:01:00 PM
From: tejek	Read Replies (1) of 1572482

Ted re <<my concern is that next year's taxes will be higher that previously thought and will act as a drag on earnings.>> Taxes are percentage of earnings, with increasing percentage only on the increasing incremental earnings. If taxes will be higher, it means earnings will be higher. It is very good news. Mani, Not good news....the taxes AMD pays next year will be for the increased earnings in 2000. In other words much higher taxes than this year's (which is for last year's earnings). ted

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