Silicon Investor (SI) -- The First Internet Community

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.

Politics : Al Gore vs George Bush: the moderate's perspective -- Ignore unavailable to you. Want to Upgrade?

To: ColtonGang who wrote (3229)	10/20/2000 8:07:30 AM
From: long-gone	Respond to of 10042

<<Study Finds That Many Large Companies Pay No Taxes>> What a STUPID article! Doesn't everyone understand taxes are a part of doing business. As such the taxes are also part of & built into the cost of products - ALL PRODUCTS! The consumer always pays ALL TAXES - one way or the other - every time - no matter what - no way around it! Just another example of anti Free-Market TRIPE! Talk about bias! Funded by Unions

To: ColtonGang who wrote (3229)	10/20/2000 1:34:24 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 10042

Many Large Companies Pay No Taxes Actually, while technically correct, taxes are paid... but primarily by those employees who exercise their stock options and thereby pay their capital gains tax on their transaction. Corporations pocket the cash from the exercise price of the options and take their deduction, equivalent to technically selling stock in a private placement at a discount to market value. Now while I absolutely detest the mis-use of non-qualified stock options where the public stock markets subsidize the corporate wage expenses, unless the law is changed with regard to GAAP accounting rules, it's perfectly legal. See Bill Parish's discussion on the abuse of non-qualified options plans by MSFT and CSCO. billparish.com