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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Night Trader who wrote (30643)2/17/2002 6:58:38 PM
From: LTK007  Read Replies (1) of 99280
 
the McCain/Levy Bill is supposed be coming forth once again(quite soon),the bill that would require companies to subtract their option giveaways from their revenue.
5 years ago they brought this up and corporate lobbyist crushed it right at the gate.
NYT says,in spite of huge corporate battle to buy off this bill, they rate it a toss-up this time.
Imagine, in spite NOT having to subtract this from revenue businesses use the options as a tax deduction.
Ridiculous--no scandalous.
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