RE: election - delete if not interested
- To: "'hosta-open@mallorn.com'"
- Subject: RE: election - delete if not interested
- From: D* B* W*
- Date: Sun, 19 Nov 2000 21:38:57 -0500
Interesting idea. Companies can already write off research and
development, but it must be capitalized and thus written off over a long
period of time. The rules are VERY complex, and the expenses of
unsuccessful research is written off as an expense which is a tough problem
for many companies under today's tax structure and capital markets.
Incidentally, I don't know the actual data of Houston's pollution problem
that is so often a "fact" in this campaign, but I can attest to changes
over the twenty years that I have visited that city for work. In 1978 the
Clear Lake area was subjected to a sulfur odor that could make you sick,
and the flares from the plants in Texas City and Pasadena were enough to
light the sky at night. Today, that area is very pleasant (except for heat
and humidity - but not even the government could correct that one), and the
flares only light up in an emergency. Communities and industry work
together closely, and the area is a very desirable place to live.
From my own reference, I have seen industry solve one problem, only to have
the government people change the rules. That is a quick way to throw away
millions of dollars on a useless project. Remember cyclamates, the
artificial sweetener that was going to kill us? Well, an industry was
killed by the time the government retracted their condemnation and said
they were not harmful.
I'm afraid that I have just seen too many cases of dictated rules come out
of Washington that were much more harmful than helpful, especially from
EPA. The main reason that I have preferred Bush to Gore, is the fear of
what he would do in conjunction with Carol Browner to the industry of this
country, without the need for true science.
You wrote:
I realize that this may sound like a commie conspiracy to you--but how
about
keeping the taxes as high as they are and giving a TAX CREDIT for cleaning
up
their own do-do? That way, instead of using the money from "tax relief" to
buy other companies, they can make better neighbors and save some bucks,
too.
Nah--it would never get through a Republican Congress.
Jim
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