frontline segment on corp tax avoidance

[Dave Farber <dave () farber net>]

Delivered-To: dfarber+ () ux13 sp cs cmu edu
Date: Sun, 22 Feb 2004 13:11:30 -0500 (EST)
From: John Covalesky <john () covalesky com>
Subject: frontline segment on corp tax avoidance
X-X-Sender: <john () mm001 devondirect com>
To: dave () farber net

Dave,

I don't know if you watch Frontline, but they have an interesting segment
on fincancial corporations selling tax services that lets corps avoid
massive amounts of tax through complex loopholes; something to the tune of
$180 billion annually is avoided.

http://www.pbs.org/wgbh/pages/frontline/shows/tax/interviews/mcintyre.html

Then, you hear all the corps, Greenspan, others saying how we need to
educate/reeducate the work force.  Great! -- but does the average
US citizen really afford or have the time to do it?

I am in a graduate program at PSU and it is running me $1700/class
now.  Further, with the amount of hours, especially in technology jobs
that one puts in work, how is it even plausible for folks to actually have time
to learn new skills?

A pipe dream, but wouldn't it be interesting to take and write a tax law
that gives the companies the equivalent tax advantages of the loopholes
they are currently using if they provide their employess with paid time
and some tuition for education?

~John

-------------------------------------
You are subscribed as interesting-people () lists elistx com
To manage your subscription, go to
 http://v2.listbox.com/member/?listname=ip

Archives at: http://www.interesting-people.org/archives/interesting-people/