PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Cogito who wrote (391006)	4/12/2003 7:16:23 PM
From: Thomas A Watson	Read Replies (1) of 769670

I gave you examples of what I see as a rational extension of any justification of having some claim on the profits of companies made by doing business in a foreign country. I have no problem with Stanley or any company changing their incorporation to take advantage of any cost saving for any reasons, taxes, the cost of labor or energy or anything. Any honest and ethical CEO should review all laws and do what is best for shareholders. To not do that is a crime. How one complies with the law to minimize costs is just good business. I repeat, Of course it's a stupid bill, If a company derived income from it effort's in foreign countries I don't see why the people of the US have any rational or ethical claim on that money. Yes a law can be passed that has no basis in ethics or reason, but that does not make it right. It just makes it the law

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