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Politics : THE WHITE HOUSE -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (24893)10/31/2008 6:04:33 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 25737
 
Re: [They are not 'shareholders' in Exxon.] "That's right, their investment is living in Alaska,"

You are automatically an "investor" in companies by living somewhere?

(So California citizens automatically get a slice of Google's earnings, eh? And Delaware citizens get a slice of the profits of the 50% of all American corporations who incorporated there, right?????)

SWEET DEAL! (I'm moving to Delaware so I can live like a KING off of that redistributed corporate wealth!)

Re: "... and they benefit from the deal the State made on their behalf with the oil company..."

Yep! It's called an 'extraction tax'. (Coupled *now* with Palin's big new contribution to their tax code: the new Alaskan Windfall Profits Tax.)

Re: "... profit is NOT the same as taxes"

Yep! (Taxes get levied on profits most often.... <g>)