[ale] OT: if this won't make you want to puke....

[Geoffrey]

I'd gladly give you $40 if you'd give me $100 first.

Gregory C. Johnson wrote:
> Mmm, not to fan the flames, but from a tax management perspective dividends
> are the last thing these guys want.  They're sitting on a nice fat pile of
> near-zero basis long term capital gains, which means they pay "only" 20
> cents on the dollar for every dollar sold, at their discretion, in the
> market.
> 
> Dividends, on the other hand, are not discretionary and they're normal
> income, which for these gus gets nicked at 40+ cents on the dollar.  This is
> almost certain to at least double, and more likely triple, quadruple, or
> more their tax bill, Further, though Washington State has no corporate tax,
> the Feds already got a 35% cut of MS's income.  This means that for each
> dollar MS pays in dividends, the Gubbmint gets SIXTY ONE CENTS!!!
> 
> Uncle Sam is the big winner here - Every year they win the Mirosoft Lottery
> with numbers bigger than the biggest Powerball/Big Game/whatever
> jackpots --- guaranteed.
> 
> -Greg
> 
> 
> ----- Original Message -----
> From: "Jeff Hubbs" <hbbs at attbi.com>
> To: <ale at ale.org>
> Sent: Friday, January 17, 2003 6:02 PM
> Subject: Re: [ale] OT: if this won't make you want to puke....
> 
> 
> Oh, and Paul Allen is trying to have a SETI radiotelescope built and
> buy/maiontain a collection of WWII fighter planes.
> 
> These multimillionaires want to be so on more than just paper...
> 
> - Jeff
> 
> On Fri, 2003-01-17 at 17:58, Jeff Hubbs wrote:
> 
>>My guess would be that this is being done to facilitate a round of
>>acquisitions the likes of which the world has never seen.
>>
>>"And now, presenting the 2005 Microsoft 'My Corvette'..."
>>
>>- Jeff
>>
>>On Fri, 2003-01-17 at 15:22, Geoffrey wrote:
>>
>>>"Microsoft long had opposed calls from some shareholders to use some of
>>>its cash hoard — now $43.4 billion — to pay a dividend. But Microsoft's
>>>board unanimously decided Thursday to pay a dividend of 8 cents per
>>>share after the stock split, chief financial officer John Connors said."
>>>.
>>>.
>>>"Microsoft chairman Bill Gates (news - web sites), who would own about
>>>1.2 billion shares after the stock split, would receive a dividend of
>>>$99.5 million."
>>>
>>>(Which is over 10% of the total dividend payout.)
>>>
>>>
> 
> http://story.news.yahoo.com/news?tmpl=story&ncid=528&e=1&cid=528&u=/ap/20030
> 117/ap_on_hi_te/earns_microsoft
> 
>>>--
>>>Until later: Geoffrey esoteric at 3times25.net
>>>
>>>The latest, most widespread virus?  Microsoft end user agreement.
>>>Think about it...
>>>
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>>
>>
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> 
> 
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-- 
Until later: Geoffrey		esoteric at 3times25.net

The latest, most widespread virus?  Microsoft end user agreement.
Think about it...

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