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

To: Mr. Whist who wrote (255320)	5/15/2002 4:14:43 PM
From: Bill Grant	Read Replies (1) \| Respond to of 769670

As implied earlier (by nnillionaire?) a corporation's first obligation is to its shareholders/investors who provide the wherewithal to conduct a viable business. If the viability of a business is improved by relocating, be it within or outside the country in which it originates, it has an obligation to move in the interest of self-preservation. I side with those that contend that there should be no taxes on corporations, which are ultimately double taxation on investors, and a drain on the availability of capital, i.e., the corporate tax reduces profits, dividends, prices and hence is ultimately a tax on the individual shareholder, who again pays tax on the same investment as a capital gains tax when the shares are sold.