Usenet.com

www.Usenet.com

Group Index

Misc Thread Archive from Usenet.com

<-- __Chronological__ --> <-- __Thread__ -->

Re: Ten Years of NAFTA - What it's Done for You?



On Sun, 23 Nov 2003 07:03:52 -0700, Fred Elbel <[EMAIL PROTECTED]>
wrote:

>On Sun, 23 Nov 2003 00:51:43 GMT, Capitalist Pig <[EMAIL PROTECTED]>
>wrote:
>
>> 
>> You are mistaken. The purpose is to provide returns to its
>> shareholders.
>
>Incorrect.  We created corporations under a social contract in order
>to limit personal liability to owners while increasing benefits to
>society.
>

Who's we? You and your imaginary friend? Corporations are created by
state law. I'm unaware of any state who claims exist for the benefit
of society. Feel free to prove me wrong, though, by showing me
evidence to the contrary, namely, state law.

>
>> A corporation pays taxes to pay for the legal infrastructure it relies
>> on.
>
>How does a corporation pay U.S. taxes for wages of workers in China?
>

Huh? Corporations pay a thing called "Corporate Income Tax".




<-- __Chronological__ --> <-- __Thread__ -->


Usenet.com



Please check out one of the premium Usenet Newsgroup Service Providers below for access to Usenet.