Wednesday, October 11, 2000

M$, Cisco skip out on Uncle Sam -- 9:54 am CST, Update by The Master

Okay, this just ticks me off: Cisco, Microsoft paid no federal income tax is an article over on C-Net that indicates that M$ and Cisco managed to lawyerize the tax code enough to skip paying taxes.

Okay, why is it okay for the average Joe American to bust his a$$, and get 50% taxed for it, and M$ just slams their *ahem* *STUFF* down our throats (at ridiculously high prices, BTW) and skip with the profits TAX FRIGGIN FREE?!? Okay, I have to ask, where is the justice in that???

A.T. Hun comments: Well, actually this isn't too terribly surprising. I'm sure there are many companies that pay no corporate taxes. The tax laws are designed to avoid this happening, but people who are clever enough can work around it. I'm sure that Bill and the boys paid at least some personal income tax.

News for 10/11/2000

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