Cato Ad Infinito
Carl Remick
cremick at rlmnet.com
Thu Aug 13 11:35:25 PDT 1998
Re MBS: "In 1997 the Feds collected over $100 billion in corporate
income tax
revenues. In addition, dividends which were included in the corporate
tax
base are taxed to the person. Now these tax levies could be higher, and
corporate attorneys may be useful in keeping them lower than they might
otherwise be, but in any case this is double taxation. In this matter,
if
not others, you have no idea what you're talking about."
Jeez, you'll be carrying on about the inequity of the capital gains tax
next. Corporations' ability to minimize tax liabilty by shopping around
for offshore tax havens makes a mockery of any claims of fairness
whatsoever in this matter. I honestly can't figure out why you waste
time trying to correct the thinking of dunderheads like myself when your
valuable insights could add further to the luster of major thinkers
like, say, Steve Forbes.
Carl Remick
More information about the lbo-talk
mailing list