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

To: tejek who wrote (351162)	9/19/2007 9:10:35 PM
From: longnshort	Read Replies (1) \| Respond to of 1576865

the rich pay more of the tax burden after Bush's tax cuts

To: tejek who wrote (351162)	9/19/2007 10:42:47 PM
From: Tenchusatsu	Read Replies (3) \| Respond to of 1576865

Ted, > Why is it that you can complain about this but don't have a problem with Bush giving the rich huge tax cuts? Tax cuts do not increase corruption. Tax increases do not reduce corruption. And rich corrupt liberals will never tax themselves. Think about it. Tenchusatsu

To: tejek who wrote (351162)	9/20/2007 1:20:08 PM
From: SilentZ	Read Replies (1) \| Respond to of 1576865

>However, the royalty trust thing is a very common practice among the rich although I don't think its in lieu of a corp. I can confirm that, being that all I do with my day these days is deal with rich people... the ones that have been rich for more than one or two generations do tend to have these. They're to protect their wealth for their kids. I personally don't like them, but if the government allows them, I can't fault anyone for taking advantage of them. And usually, the people with the trusts have no idea what's in them. Back in my greener days in the job, I thought that if a person's trust was invested in tech stocks, that meant that the person knew about technology. Couldn't be further from the truth. These people have firms managing the funds and never devote a second thought to the funds other than the bottom lines and the expenditures disbursed. -Z