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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: 10K a day who wrote (23114)	5/8/2005 1:39:27 PM
From: The Wharf	Respond to of 81190

I could get very angry here as tome it has much to do with hmo's that are profit driven and to me that was the beginning of the end of fair. When the stock market became so large, rules were changed and for the most profit became the governor of the lot. When taxes were restructured to allow cap gains across the broad market houses went up. When bank laws changed and for profit credit took over same thing a nation without savings. Quite a picture Impristine not hard to understand why we in this nation prefer to be blind. That ironically was why we were so different than other nations we could see.

To: 10K a day who wrote (23114)	5/8/2005 2:59:04 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81190

impristine > the injured worker is stuck on this 200/ month merry go round allowance of medication that is paying for pharmacy salesmen to drive around and buy the doctors lunch. And just look where the money went -- after paying for the lunches, of course. nytimes.com >>A new tax break for corporations is allowing the biggest American drug makers to return as much as $75 billion in profits from international havens to the United States while paying a fraction of the normal tax rate. The break is part of the American Jobs Creation Act, signed into law by President Bush in October, which allows companies a one-year window to return foreign profits to the United States at a 5.25 percent tax rate, compared with the standard 35 percent rate. Any company with profits in other countries can take advantage of the law, but drug makers have been the biggest beneficiaries because they can move profits overseas relatively easily, independent analysts say. The money the companies are bringing home has come from many years of using legal loopholes in the tax law to aggressively shelter their profits from United States taxes, tax lawyers say. While the companies' tax returns are private, fragmentary information about their tax payments is buried inside their annual financial statements. Those figures show that the drug makers have told the Internal Revenue Service for years that their profits come mainly from international sales, even though the prices of medicines are far higher in the United States and almost 60 percent of their sales take place in America**. <<< I understood most "American" jobs were being created in India and China which means the repatriated funds will be used mainly to provide bonuses for the CEOs and top executives. ** Clearly, they don't buy lunches for non-US doctors.