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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Cary Salsberg who wrote (43423)3/9/2001 4:12:08 PM
From: Ian@SI  Respond to of 70976
 
Tax wealth creation and you'll rapidly discover how easy it is to move, or move that function at least, to a more friendly part of the world. Ask Clinton's pardonee, Mr Rich how tough it was.

It is not easy to move to other parts of the world as long as the US is the world's major market

The law of unintended consequences takes over. i.e. - The unintended consequences overwhelm any desired benefit. And I'd suggest that what you call the "weak" are much better taken care of in the US than in parts of the world that don't encourage wealth creation.

... even though the US has its Kent State disgrace which I still don't understand to this day. It has nothing to rival Tianamen Square, the upheaval in the Balkans, or genocides in various African nations where the GNP per capita is such that slaughtering a few million "weak" seems to be the favoured means of settling disputes.

There are greater wrongs that could be addressed before getting down to taxing Wealth Creation.

On the unrelated, side issue of stock options, I've not voted for a stock option plan in the past five years. I hope that all shareholders decide to put an end to this abuse of their resources.

FWIW,
Ian.



To: Cary Salsberg who wrote (43423)3/9/2001 7:40:31 PM
From: Mark Adams  Respond to of 70976
 
It's not a matter of just moving to another country more to your liking. If your networth exceeds a certain amount, you are assumed to be leaving because of taxation, and the long arm of the IRS follows you to your new home.