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

To: tejek who wrote (231359)	5/3/2005 8:28:44 AM
From: combjelly	Read Replies (1) \| Respond to of 1575173

"No, it doesn't. There is no relationship." He seems to be ignoring the Leona Helmsley effect... Like the Walton family, they believe that taxes are only for the little people. Any tax rate would be too high.

To: tejek who wrote (231359)	5/4/2005 11:56:30 PM
From: Peter Dierks	Respond to of 1575173

"mainly as a tax avoidance measure" That really shows what effect a progressive tax system has on behavior. No, it doesn't. There is no relationship. Huh. It says right in the quote that it does. Please read it more carefully. People place investments in foreign domiciles to avoid progressively higher domestic taxes. When tax rates get too high, money flees the country. Economics 101 trumps Socialism 101. No, it doesn't. Huh. It says right in the quote that it does. Please read it more carefully. People place investments in foreign domiciles to avoid progressively higher domestic taxes. You may be to young to have ever heard of a British invasion band called the Beatles. The reason they left Britain was to avoid the "Tax Man". Coincidentally, it is the title of one of their hit songs. Message 21294840