957 karma · joined June 19, 2007
As an example, consider that no matter what interpretation of any tax law you get from an IRS employee, it will not hold up in court - if an IRS agent tells you to do A, then the IRS decides later to disallow A and that you should have done B, they will hit you up with taxes and penalties and you have no recourse.
UNLESS, you pay money for an IRS administrative ruling; then, you can use that response in tax court. The key is that the cost for such rulings are $50K. Each.
See: http://www.irs.gov/newsroom/article/0,,id=151979,00.html
Not trying to make a joke here about sex and inflation, it is just that they realize that adding more population is a requirement.
If they truly have solved the problem(s) that other flow-based routers had, great, but this can only be determined in the real world.
http://news.minnesota.publicradio.org/features/2005/02/21_ap...
How would you like to be in your 30s and flying on a plane older than you are?
Has the relevant charts. More detailed info does cost, but the summary info is free.
http://etleboro.com/documents/copy-title.pdf
Note Page 2 phrase: "This ... is an operative instrument, and it is confirmed, irrevocable, unconditional, divisible, transferable and assignable without presentation to us."
So at least until 2006, the Fed did issue paper instruments.
Under this setup, as long as a certain high percentage of the profits are distributed to the shareholders each year, the corporate taxes are non-existent or very low.
In this case, Microsoft would not pay much US taxes, but the individual investors would be the ones paying tax on the dividends received. End of problem.
The reality is, that you are in fact utterly helpless in the event of a crash.
Actually I thought the article was trying for an easy to understand "hook" with the tax info, since it is unlikely that the top 1% of earners are the bulk of those buying the $7.99 (or whatever it is) paperback edition at the local Barnes and Noble.
From the blurb about the book on her site:
"Franklin Roosevelt systematically established the modern political constituency, from unions to artists, to senior citizens. Roosevelt's solution was to spend for these groups, so extensively that federal spending that year outpaced state and local spending, for the first time ever in peacetime. The consequence was the Roosevelt landslide of 1936 --but also the modern entitlement trap. Roosevelt often spoke of the Forgotten Man, the man "at the bottom of the economic pyramid." Yet, Miss Shlaes shows, his New Deal created a new forgotten man, the man who subsidizes the funding of other constituencies -- and who haunts politics in all developed nations today."
There seems to be a lot of debate over when/if an officer can become an "employer" as defined in the law.
Here are some URLs that cover what I am talking about:
WA: http://www.turnaround.org/Publications/Articles.aspx?objectI...
PDF with more discussion of the issue, includes discussion of the Federal FLSA and the case of CA: http://web.omm.com/files/upload/D&O%20Liability-WARN%20A...
NY (10 largest shareholders of non-public company held liable): http://www.eminutesonline.com/why-in-the-world-would-anyone-...
Federal law (FLSA): http://www.klehr.com/?t=11&la=690&format=xml
Since the company that is not paying is often headed for bankruptcy, these situations often spill over to bankruptcy court, where the judge has a great amount of leeway to determine who gets paid and when.