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Politics : PRESIDENT GEORGE W. BUSH

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To: J_F_Shepard who wrote (232706)3/1/2002 7:43:56 PM
From: Selectric II  Read Replies (1) of 769670
 
BTW, I noted your response to the tax evasion by certain corporations who establish phantom companies in Bermuda was not one of what's good for the country but "hey, it OK.. it's happening now under our guy, but it was probably happening early under their guy.... So let's wait till we're out and then blame it on their guy".....very patriotic of you. Get out that flag and run it around the track a few laps

It's not tax evasion, which is illegal, but rather tax avoidance, which is legal.

I merely pointed out that it's been a long standing practice.

Believe it or not, some patriotic people actually leave their life-long home states and establish residence in places like Florida and Nevada, for the sole purpose of tax planning. Some even leave the country when there are better, legal alternatives.

Why should corporations be any different? Got a problem with that? Not me. It shows that we need to reform our tax laws.
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