Alright, so why is it OK to free ride on the Creative Industries (productivity lag, Baumol disease and all) but when a person applies the same ethic to moving things off shore, they are then a louse? I may sound like a Union manager but I'm not, in fact I'm barely a member. You have the same morality around taking things that are still under copyright off the Internet. But we were all singing the praises of reducing copyrights. I don't get it. I don't see the through line in the thought.
REH ----- Original Message ----- From: Steve Kurtz <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Cc: <[EMAIL PROTECTED]> Sent: Tuesday, February 26, 2002 3:29 PM Subject: Re: Tax Havens > Arthur & all, > > This sort of free rider activity surely will hurt the $US. I personally > know several Canadian citizens who evade taxes through offshore entities > and investments. It angers me, as that behavior is a direct assault on > the well-being of the resyt of Canadian taxpayers, including > non-citizens like myself. > > Steve > > U.S. CORPORATIONS ARE USING BERMUDA TO SLASH TAX BILLS > By DAVID CAY JOHNSTON > > 02/18/2002 > The New York Times > Page 1, Column 3 > > A growing number of American companies, encouraged by their > financial advisers, are incorporating in > Bermuda to lower their taxes sharply without giving up the > benefits of doing business in the United > States. > > (snip) > >