Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (172994)	2/11/2003 12:14:14 AM
From: kapkan4u	Read Replies (1) \| Respond to of 186894

<Just another republican "gift to the rich" eh? > No its more like: "I have no clue what his plan is, but I really hate the shrub, so why should I like his plan eh?" Kap

To: Jim McMannis who wrote (172994)	2/11/2003 12:24:30 AM
From: Dan3	Read Replies (1) \| Respond to of 186894

Re: Just another republican "gift to the rich" eh? W is an honest politician - the wealthy buyers who paid millions in campaign contributions to get him elected have been delighted to see that he stayed bought. :-) PS - Some wealthy Americans who paid millions in fees to two of the Big Four accounting firms to set up tax shelters are suing the firms after the Internal Revenue Service denied the tax savings that they had been promised. Although only a few lawsuits have been filed, tax experts and lawyers handling these cases said they expected a flood of similar cases as the I.R.S. stepped up its hunt for tax cheating by hundreds and perhaps thousands of executives, business owners, athletes and entertainers with big incomes. Two firms being sued, Ernst & Young and KPMG, offered shelters that they said would make taxes on salaries, stock option profits and capital gains from the sale of a business either shrink to pennies on the dollar or disappear. The fees and savings on taxes can be enormous. Ernst & Young charged some clients $1 million just to hear a sales pitch, according to court papers. And the firms made millions from the sale of each shelter. The shelters allowed accounting firms, their clients and the law firms that blessed the deals to share money that otherwise would have gone to the government. nytimes.com