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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 |
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