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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (7563)10/16/2003 5:22:40 PM
From: Big Bucks  Respond to of 25522
 
BWAC- Capitalism at its' finest!! LOL BB



To: BWAC who wrote (7563)10/17/2003 10:00:45 AM
From: Fred Levine  Read Replies (2) | Respond to of 25522
 
>>Sounds good to me. I'll Inc myself and pay a pitance wage. And let the business buy and own eveything I need. Car and house (which I rent back), etc.<<

Many small incorporated business people do exactly that. Dinners are charged as expenses, physicians' Mercedes are charged to the corporations, etc. It is not an idle joke.

I personally know three very bright Ivy League graduates who don't work, but live off inheritances. I would be appalled if my kids did that. Therefore these people are not contributing their considerable talents to society. BTW, Bill Gates, his father, and Warren Buffett are among the people who agree with a steep inheritance tax.

fred