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

To: i-node who wrote (222348)	3/6/2005 10:56:32 AM
From: SilentZ	Read Replies (1) \| Respond to of 1576340

>You are confusing demand with productivity, I think. Yup. You're right. My bad. >a) The tax reporting requirements are a huge burden on businesses. When you eliminate the income tax in favor of a NST, you free up overnight a massive amount of manpower that is essentially wasted. Of course, this gets easier with computerization of the process. My company of 20 or so employees just has a CPA handle this and it takes him just a day or so every year. And why would sales tax reporting be that much easier? >b) When you eliminate the corporate income tax, the corporate incentive is to spend money toward productivity enhancement. No it's not -- it's to put more money into the pockets of the executives and stockholders. -Z