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To: Sun Tzu who wrote (9957)	6/11/2001 7:44:09 PM
From: Ira Player	Read Replies (1) \| Respond to of 10921

The holding companies provide some relief, but not a total elimination of taxes. If we are going to have corporations, which are by definition a new and separate entity from the individual or individuals that created it, it must be treated from a tax perspective the same as other entities. Why should the store on the corner that is owned by a corporation pay no taxes on it's profits while the street vendor that is selling the same product must pay taxes because he/she is an individual? Why should the individual suffer a government mandated cost structure that is at a disadvantage to the corporation? Ira

To: Sun Tzu who wrote (9957)	6/11/2001 8:02:22 PM
From: Jerome	Read Replies (1) \| Respond to of 10921

Taxes are not a pass through cost to the consumer.... If corporations paid no taxes do you really think they would lower costs to the consumer? Here you are naive For years GM paid no taxes... did they lower the price on cars??? Every company that becomes highly profitable for whatever reason, finds some reason to increase executive compensation .Other employees come next and if any crumbs are left the shareholder might be considered. Either we find an equitable way to tax the corporations or the executives will splurge on themselves for a lot of stupid toys that they come to regret at a latter time. Regards, Jerome