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Politics : PRESIDENT GEORGE W. BUSH

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To: puborectalis who wrote (44443)10/9/2000 10:41:38 PM
From: Ish  Read Replies (2) of 769667
 
<<Is this fair?.......Giant Cisco Didn't Pay Any Federal Income Tax
Businesses get break on employee stock options>>

<<Like many high-tech firms, Cisco and Microsoft are allowed to take a tax deduction for money their employees earn when they ``exercise'' options and buy stock in the company at a preset price.>>

Oh My God, Cisco took their profits and gave them to the people who created the profits. And damnitall, the people who got the profits will be paying the taxes on them. Don't you hate when that happens?

What WAS your question? Cisco not paying taxes because they made no money because they gave it all to the wealth creators who will pay the taxes?
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