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Reply #17: The tax code was changed over the last 20 years [View All]

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Home » Discuss » Archives » General Discussion (Through 2005)

B Calm

(1000+ posts) Send PM | Profile | Ignore

Sun Apr-10-05 07:36 AM
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17. The tax code was changed over the last 20 years

to create wealth, and it accomplished this feat extremely well. Corporations were given "free land" the ability to issue stocks and the public received incentives to homestead-IRA, 401k plans, Pensions, Mutual Funds, etc. Now they betrayed the public trust (stock options, insider trading, pro forma accounting, cooked books, dishonest business practices, etc) while stock prices continue to tumble and share buybacks continue at record levels...just like years ago when the railroads bought back the land of the farmers they defrauded. And now the question remains will the public forgive?

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