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

To: Thomas A Watson who wrote (391060)	4/13/2003 1:49:17 AM
From: Cogito	Read Replies (2) \| Respond to of 769670

>>I gave you examples of what I see as a rational extension of any justification of having some claim on the profits of companies made by doing business in a foreign country. I have no problem with Stanley or any company changing their incorporation to take advantage of any cost saving for any reasons, taxes, the cost of labor or energy or anything. Any honest and ethical CEO should review all laws and do what is best for shareholders. To not do that is a crime. How one complies with the law to minimize costs is just good business.<< Thomas - Your examples were good examples of "reducto ad absurdum"; extending logic to the point where the conclusion becomes absurd. Do you believe that as an individual who resides in the U.S., I should not be taxed for money made from, say, book sales in foreign countries? Do you also believe that it's OK for CEO's of corporations to expect American servicemen to fight and die to protect American interests abroad, but to use loopholes to establish legal fictions in order to avoid paying for that protection? By the way, if an American company manufactures goods here, then exports them, should the profits from the exports be taxable? - Allen