Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.03

+1.0%

Nov 24 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stu R who wrote (119905)	6/5/2002 3:36:11 PM
From: rkral	Read Replies (2) of 152472

Uncle Sam gets paid [edit: a $20] tax from the employee. The company takes a deduction in the amount of the employee's taxable income even though it is not a cash disbursement [edit: which results in a tax benefit of $20]. Argument A: With the tax benefit allowed, Uncle Sam pays the $20 it gets from the employee to the company. Uncle Sam ends up with $0. Therefore, we have "zero taxation". Argument B: With the tax benefit disallowed, Uncle Sam gets $20 from the employee, and another $20 from the company. Uncle Sam ends up with $40. Therefore, we have "double taxation". Interesting. A shell game with logic. Or "a little logic is a dangerous thing". Which argument is correct? Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next