>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.
Doug