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

To: Don Lloyd who wrote (174581)	5/14/2003 2:17:27 PM
From: Stock Farmer	Read Replies (1) \| Respond to of 186894

Don, still trapped in fallacy land. It might be useful for us to compare total wealth of the husband and wife/secretary pair is affected in a "before" and "after" scenario. Before: company has profit X/year, owner has wealth Y and secretary contributes wealth $25/year After: company has profit X+25K/year, owner has wealth Y and secretary-wife draws salary 0 and contributes wealth 0. Total in both cases is X/year + Y + 25K/year, all of which flows to the husband and wife pair either directly or through their ownership. There is no extra wealth to share merely by her forgoing salary and sharing his wealth. Because the amount of wealth that increases flowing to them is exactly offset by the amount of wealth that no longer flows to her. John