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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (3887)	1/5/2002 12:59:28 PM
From: Ahda	Read Replies (2) of 24758

Dorgan added, "What America needs now is a responsible economic recovery plan. Yet, the Republicans still insist that we order from the same old menu. They are proposing more tax cuts, mostly for the affluent and big corporations. They will end up paying for their tax cut with money from the Social Security trust funds, and by increasing federal debt." Being totally naive here I don't understand why corporations meaning operational business that employs numerous people (not sub chapters or legal vehicles of tax avoidance) could possibly be thought of as being individuals avoiding tax. The corporation is the means to create jobs and the tax benefits that are being seen by the Dems have to be the some sort of thought process that states the corporation is one persons income which is not true. If this was well written the corporation as non taxed is entirely different from the income that goes to those employed by the company which is taxed. There has to be great conflict in our legal system for the democrats to depict a corporation as being one individual. As much as i can get very frustrated with quality of products of MSFT they have managed to create numerous jobs in the Seattle area. Perhaps the solution here lies in refinement of personal income taxes so the exclusions are fewer and no corporate tax in IBM type companies. I can't see how this could harm the public, excess funds could be used for growth or in uncertain times distributed as dividends. Sidenote the FBI is increasing their accounting division. I hope this is going to mean far more scrupulous guidelines for accounting. When you take away the slap on the hand and start thinking in terms of criminal intent it makes for better rule keepers and much less stretching of the rules to max creativity.

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