[lbo-talk] Liberal Intellectuals and the Coordinator Class

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Wed Jul 11 12:39:26 PDT 2007



> how do you treat corporations, businesses and investments
> in this scheme?

One thing at a time :-)

My feeling is: if it's income, it's income.

If you put windows on cars and get $30/hr for doing it, you've got $30 of taxable income. If you buy a put and that index goes down and you cover ... you've got taxable income. Dividends are the only tricky item, you just have to make sure that both sides get treated equally.

The corporate issue doesn't really have to change that much.

/jordan



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