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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Whist who wrote (255180)5/15/2002 12:06:37 PM
From: willcousa  Respond to of 769670
 
Oh, I forgot. You libs don't get competition or even care for it much. That must explain why you prefer to steal or buy votes rather than earn them.



To: Mr. Whist who wrote (255180)5/15/2002 12:16:40 PM
From: Thomas A Watson  Read Replies (2) | Respond to of 769670
 
It's very simple. US tax code taxes profits made in operations in foreign countries. So by incorporating in a foreign country one eliminates taxes of profits made outside the US.

Locally, I think Stanley tools would save 30 milliion in taxes by incorporating out side the US and 67% of the shareholders did the Patriotic thing and voted DOIT.

Communists, nazis, child molesters and vacant liberal minded lefty loons seem to be against this, go figure

tom watson tosiwmee