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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Fahmy who wrote (96807)	1/20/2000 1:06:00 AM
From: Barry Grossman	Read Replies (2) \| Respond to of 186894

Fred, Re: Tax loss carry-forwards. Consider the case of a new enterprise. Initially operating at a loss but they eventually turn this around and make a profit. Should they be obliged to pay taxes on the short term profit, or is it a better idea to allow them to pay tax on the profit only in excess of the combined loss. Current tax policy favors the latter and encourages economic growth. The risk-taking involved in the attempt to earn a profit is thus encouraged and not discouraged. Just my view of the matter. Barry