Quote:
Originally Posted by JustAsking  Surprisingly, I agree with you. The right answer is B. In fact it is a company's responsibility to its stockholders to pursue B.
"Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes..."
-Judge Learned Hand.
Although I am a flaming, screaming liberal who believes in equitable distribution of wealth, I also recognize that the gov't is not always the best distributor of it. Everyone should give 10% of their income to charitable organizations and get big tax breaks when they do that. |
JA, of course I agree with
that. Tax minimization is the responsibility of any well appointed corporation or individual, in fact, I don't advocate paying taxes to a government that is in default of its obligations to its citizens at all. That's not my beef with Carlyle though.
What I am accusing Carlyle of is conflict of interest with the American people, which is in conflict with the government. In the private sector, it would be insider trading, and Martha Stewart went to jail for that. Sadly, when our government hands a no-bid contract to Carlyle (Haliburton, Parsons, et al), provides NO oversight as to where the money goes, billions come up missing, THEN the corporation relocates out of the country to avoid investigation, that's a big problem for me, and the American people.
I think we should all refuse to pay taxes while we are in an illegal war.
