NY Times v. Nader

Doug Henwood dhenwood at panix.com
Thu Aug 3 10:04:39 PDT 2000

Jordan Hayes wrote:

>Not sure where you got this, but Cisco, like most of the tech
>powerhouses, pays a TON of federal income tax. Their last 10-Q
>says that their most recent provision for income tax was $395M for
>the quarter.
>$1.6B/year isn't "little or no" tax in my book.

It came from Bill Parish, the guy who is convinced Microsoft is insolvent, thanks to stock options. In a recent missive, he said Cisco was going to pay little or no tax this year. Parish may be a crank, but I took him at his word.


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