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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (321299)1/16/2007 11:10:06 PM
From: combjelly  Read Replies (1) of 1575627
 
"Not if your dropping low margin business that is no longer profitable."

If it isn't profitable, then there aren't any income taxes due, now are there? It is hard to imagine any income tax increase that would drop something from barely profitable to the not profitable side of things. There is usually a floor below which no taxes are due. And if that is the case, then laying people off and decreasing the amount of business isn't going to make the situation any better, but much, much worse.

"Not if you simply can't get the same level of business in the higher tax environment"

That is yet another topic of discussion.
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