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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (159620)1/31/2003 7:15:39 PM
From: American Spirit  Read Replies (1) | Respond to of 1583677
 
Yes, if you start a corporate business, you can write down all the expenses, salaries, equipment, etc. until you start making a profit. Which can take years. Dont deny the obvious. I've dome it. And if not for the tax rates I would have bought bonds and early retired.



To: TimF who wrote (159620)1/31/2003 7:41:50 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1583677
 
Tim, <The rich do not put their money under a matress.>

This is the key point that AS does not want to concede. It's like to him, taxes are some sort of tool to keep rich people honest.

The funny thing is that taxes is a great motivator to make rich people LESS honest, not to mention lots of upper-middle class citizens and small business owners.

Tenchusatsu