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


To: combjelly who wrote (229341)4/15/2005 9:04:14 AM
From: Taro  Read Replies (3) | Respond to of 1584759
 
I believe estate tax is immoral because it taxes the share of funds left by the IRS after they have already taxed the original income once.
Sometimes it is called taxes of already taxed money.

Could you tell me what's wrong with my argument here?

Taro



To: combjelly who wrote (229341)4/15/2005 11:22:02 AM
From: Jim McMannis  Respond to of 1584759
 
RE:"At one time, it was considered to be a bad thing to have a leisure class"

No more...
Clinton should be proud of the latest leisure class? Flipping real estate?



To: combjelly who wrote (229341)4/15/2005 11:57:22 AM
From: Road Walker  Read Replies (2) | Respond to of 1584759
 
Row deepens over UN oil scandal
The US and Britain have rejected allegations by UN chief Kofi Annan that they turned a blind eye to oil smuggling by Saddam Hussein's regime.
Mr Annan had suggested the two had inadequately policed UN sanctions against Iraq, enabling the regime to earn huge amounts in illegal deals.

British Foreign Secretary Jack Straw said the charges were "inaccurate", while Washington was also dismissive.

The UN has itself been under fire over the so-called oil-for-food programme.

The $60bn (£32bn) programme allowed Saddam Hussein's Iraq to sell oil in order to buy civilian goods - including medicine - and therefore ease the impact of UN sanctions imposed after Iraq's 1990 invasion of Kuwait.

US Senate investigators have alleged that the Iraqi regime received some $4bn (£2.13bn) in illegal payments from oil companies involved in the programme.

But this figure is dwarfed by the $14bn (£7.5bn) that allegedly came from "sanctions-busting" - illegally selling oil to neighbouring states such as Jordan and Turkey.

Overland route

"The bulk of the money that Saddam [Hussein] made came out of smuggling outside the oil-for-food programme, and it was on the American and British watch," Mr Annan said.

"Possibly they were the ones who knew exactly what was going on, and that the countries themselves decided to close their eyes to smuggling to Turkey and Jordan because they were allies."

In his statement Mr Straw said: "I regret to say that suggestions that the United Kingdom ignored smuggling of oil from Iraq to Jordan and Turkey are inaccurate."

He said Britain was "active against oil smuggling in the Gulf", and that it tried to get the UN to do more about the illegal trade.

He also turned the spotlight on other unnamed UN Security Council members for their "ambiguous approach... to the Saddam regime".


The US spokesman at the UN, Richard Grenell, said Washington did not know of any oil smuggling at the time, but said there was a "very public waiver... granted to some countries".

Mr Annan said smuggling to Jordan and Turkey had been accepted as a way of compensating them for lost trade with Iraq.

The BBC's Jonny Dymond in Istanbul says there was a very busy oil route from Iraq to Turkey, and it is difficult to believe the US and UK would not have known about it.

The oil-for-food programme has been the subject of several corruption investigations.

Mr Annan was recently criticised over his son's work with the programme.

On Thursday a Texan and a Bulgarian were arrested in the US and indicted for bribery.

A third accused man, Briton John Irving, on Friday vigorously denied any involvement.

Story from BBC NEWS: