All About Sun Microsystems 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 : All About Sun Microsystems

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cheryl williamson who wrote (59394)	3/11/2004 7:45:11 PM
From: Dinesh	Read Replies (1) of 64865

Hey Clever Cheryl Why don't you tell why it's good for California? First off, California names all corporations that are not incorporated in CA as "foreign corporation". This is part of CA's corporate law. They all are entitled to be treated the same way. Fair or not (becauase fairness is sometimes also a matter of perspective) but one set of rules for all. So this will set a precedent, taxing 1 out of a zillion corporations in a special way because it's perceived to be siphoning jobs out of CA (although they do spend a lot of money on CA businesses too). That's retaliatory and our constitution protects us from the government (or any regulator) from such measures. So, where does this leave us? Tax the same way de Beers, IBM, Shell, Novartis, and all those thousands of businesses that are not based in CA, produce out of CA but sell in CA? I guess it's easy to preach democracy, fair markets, free markets, rule of law, constitution and all that goodly stuff as long as <you fill in the blanks>. All it's going to do is have them fight the extra tax while at the same time moving the heck out of California. Regards -dinesh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next