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11-17-2008, 10:03 PM #1
OPSenior Member
Updated bailout price tag: 840 Billion?
The only way this could work is if it's a global effort. Besides, the idea of having countries is another outdated mode anyway. We're one world, one species, one people. Why seperate ourselves with lines on maps?
JakeMartinez Reviewed by JakeMartinez on . Updated bailout price tag: 840 Billion? I'm surprised this hasn't come up over the past couple of days, but yesterday I saw something quite interesting in the news. While we were all focused intently on the bailout negotiations, the Treasury Department quietly released a five-sentence statement saying it had repealed section 382 (I think) of the tax code. Section 382 kept corporations from claiming losses taken on by buying failing corporations for tax deductions/exemptions (I don't know the exact way it works) This was Rating: 5
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