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Re: Microsoft gets a $100 Million Annual Tax Cut, Possible Amnesty on Past Tax Evasion

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____/ GreyCloud on Thursday 18 Feb 2010 23:44 : \____

> Roy Schestowitz wrote:
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>> ____/ GreyCloud on Tuesday 16 Feb 2010 15:47 : \____
>> 
>>> Richard Rasker wrote:
>>>> http://microsofttaxdodge.com/2010/02/washington-state-about-to-give-microsoft-a-100-million-tax-cut-annually.html
>>>>
>>>> Yup, giving huge tax cuts to the rich is what this bill aims for:
>>>>
>>>> http://apps.leg.wa.gov/billinfo/summary.aspx?bill=3176
>>>>
>>>>  "Increasing state revenues to preserve funding for education, public
>>>>   safety, health care, and safety net services for elderly, disabled, and
>>>>   vulnerable people by preventing abusive tax avoidance transactions,
>>>>   narrowing or eliminating certain tax preferences, and providing equitable
>>>>   tax treatment."
>>>>
>>>> Have I lost my understanding of the English language? How does giving a
>>>> huge tax break "increase state revenues"? And how does amnesty on past tax
>>>> evasion "prevent tax avoidance transactions"? And how on earth does leaving
>>>> the rich even more money "provide equitable tax treatment"?
>>>>
>>>> Now who would be responsible for a bill like this in these dire times for
>>>> the state of Washington? Ah: "Rep. Hunter is a former Microsoft general
>>>> manager."
>>>>
>>>> OK, so it's just abuse of power, corruption etc. on behalf of Microsoft.
>>>> Nothing new here. Let's be moving along...
>>>>
>>> Major Corporations do not pay taxes.
>> 
>> Why would they if they run the system?
>> 
>> 
> 
> My point.
> When a corp. can ply the palms of the greedy politicians, there seems to
> be no limits.


Monsanto has many of them too, in case a friend of yours brings that up. Obama
has put a Monsanto shill in power some months ago and Monsanto has
people going back and forth in/from the FDA.


>> Former Microsoft manager engineers tax break
>> 
>> ,----[ Quote ]
>> | IT SEEMS THAT old loyalties carry a lot of weight for a former
>> | Microsoft manager who entered politics.
>> | 
>> | Facing a $2.8 billion deficit and pending insolvency,
>> | Washington State's House of Representatives has pending
>> | Bill 3176, which mysteriously proposes changes to the state
>> | B&O royalty tax that would give Microsoft an estimated $100
>> | million tax cut annually and possible amnesty for more than a
>> | billion dollars in alleged past tax evasion.
>> | 
>> | [...]
>> | 
>> | While the shy and retiring Microsoft CEO Steve Ballmer
>> | claims that the Vole honours its local communities by providing
>> | transparency in its business practices he doesn't say
>> | much about the company's Nevada tax dodge.
>> `----
>> 
>> http://www.theinquirer.net/inquirer/news/1592048/former-microsoft-manager-engineers-tax-break

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