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To: dead
First it is a riot that a person who calls themselves dead calls anyone else stupid.

Most corporations don't end up paying much tax. Especially if it is the corporation of a self-employed person because they would then pay a double tax if they don't disperse a salary and have expenses against income.

Most use a corporation to limit liability from stupid lawsuits against their accumulated personal assets.
116 posted on 06/19/2002 1:54:10 PM PDT by A CA Guy
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To: A CA Guy
First it is a riot that a person who calls themselves dead calls anyone else stupid.

I could say the same about somebody who identifies themselves as a California resident, but that's besides the point.

Most corporations don't end up paying much tax.

So much gibberish.

Corporations don’t pay ANY taxes. They merely collect taxes for the government from the people who purchase their goods or services.

In other words, YOU pay corporate taxes.

119 posted on 06/19/2002 1:58:50 PM PDT by dead
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