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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (157619)10/16/2008 4:08:56 AM
From: OblomovRead Replies (1) | Respond to of 306849
 
Corporations don't pay taxes anyway. Their customers, employees, and shareholders pay the taxes the government uses corporations to collect.



To: bentway who wrote (157619)10/16/2008 5:14:36 AM
From: Travis_BickleRespond to of 306849
 


Corporations tend to pay net pre-tax profits to the employee/owner as a bonus rather than suffer two levels of taxation.



To: bentway who wrote (157619)10/16/2008 9:07:37 AM
From: The ReaperRead Replies (1) | Respond to of 306849
 
The Government Accountability Office said 72 percent of all foreign corporations and about 57 percent of U.S. companies doing business in the United States paid no federal income taxes for at least one year between 1998 and 2005.

I didn't pay taxes one year also because my business lost money that year. I sure as hell paid more than my fair share the other years. The heading of the article is pretty typical yellow journalism.



To: bentway who wrote (157619)10/16/2008 1:14:21 PM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
VIX is higher than on Friday. I closed all shorts, adding a little (SLB, HMY, GFI, NGD, GG and UNG).