Hmmm...I'm still paying about 35% of my gross income in taxes, and I do
retain an accountant. Which further confirms my suspicion that I'm not rich!
This "rich pay no taxes" trope - how accurate is it? According to the MSFT
annual report for 2000, they paid, or at least set aside money to pay,
$4.854 billion, in taxes. (See <http://www.microsoft.com/msft/ar.htm#> and
skip to page 2 of the 'financial review' section.) I suppose the thing to
do is request their actual tax return, which would be public info and
probably the relevant numbers are in their 10-Q. Even assuming they lawyer
away some portion of that tax burden, there's a really big gap between
"nothing" and "4.8 billion dollars."
It's not that the Dems and the Reps are different, it's that they choose to
tell different lies.
--A.
At 09:26 PM 3/18/01 -0800, Adam L. Beberg wrote:
>On Sun, 18 Mar 2001, Joseph S. Barrera III wrote:
>
> > What pisses me off is that I've paid huge amounts in taxes, feeling
> > okay about it because it was paying off the debt, and now Bush is
> > going to hand it all back to the old rich who still have money in this
> > post-crash economy.
>
>OK joe, you at least seem like you make good money, so you should be able to
>afford a good accountant.
>
>In other words, why the FoRK are you paying taxes? Microsoft doesn't, no
>rich person I know pays a cent. Get with the loopholes man!
>
>
>- Adam L. "Duncan" Beberg
> http://www.iit.edu/~beberg/
> beberg@mithral.com
This archive was generated by hypermail 2b29 : Fri Apr 27 2001 - 23:14:23 PDT