No help or wrong help for Detroit?
 

You can't buy a car from Chrysler, that would be a violation of franchise
law. You must buy it from one of their dealers. ;)

mike hunt


"Matt Whiting" > wrote in message
...
> wolfpuppy wrote:
>
>> "Learning Richard" > wrote in message
>> oups.com...
>>
>>>Mike Hunter wrote:
>>>
>>>>WHAT? Is that what they are teaching in economics 101 today? No
>>>>wonder
>>>>the kids talk so stupid When a shareholder buys stock they're buying a
>>>>share of the corporation. One can not deduct or depreciate the cost of
>>>>the
>>>>stock they buy from their taxable income. Even if one could deprecate
>>>>the
>>>>cost of the stock they buy, one would only save the tax on the value,
>>>>not
>>>>the value. Even if one had a total capital loss they save only the tax
>>>>on
>>>>the value, not the value. In the meantime
>>>
>>>Which part of "its not a loan" don't you understand
>>>
>>>
>>>>a stockholder has to pay tax on the dividends from corporate income that
>>>>was
>>>>already taxable to the corporation.
>>>>
>>>>
>>>>mike hunt
>>>>
>>>>
>>>>"Matthew Russotto" > wrote in message
>>>>news:m_idnQqKpJp7PoDZnZ2dneKdnZydnZ2d@speakeas y.net...
>>>>
>>>>>In article >,
>>>>>wolfpuppy > wrote:
>>>>
>>>>
>>>>>No, stock isn't a loan; it never has to be repaid.
>>>>>--
>>>>> There's no such thing as a free lunch, but certain accounting
>>>>> practices
>>>>>can
>>>>> result in a fully-depreciated one.
>>
>>
>> Let's keep it simple. You buy a share of stock, where does the money go?
>> The company. It isn't any simpler than that.
>
> So, if you buy a new car from Chrysler and pay cash for it, then by your
> definition you made a loan to Chrysler.
>
>
> Matt