Tuesday, May 31, 2011
How To Succeed in Business Without...
AITOOW is aware that corporations are avoiding state income taxes by placing their properties in tax-exempt real estate investment trusts (REITs) and then renting the locations back to themselves? The REIT's they place their properties into pay no taxes on their "profits" (tax exempt). When the corporations lease the locations back to themselves, they take a deduction for the cost of the lease (in the amount the REIT income) that lowers it's EBITA which lowers the tax due. Most don't disclose the existence of the trusts in their annual reports. REIT's were initially created to help small investors put money in a diverse portfolio of property (ie a mutual fund). In this case, a REIT is not being used as real estate management tool, but, a tax avoidance tool. Some corporations are estimated to be avoiding multiple tens of millions of dollars in taxes this way.
Monday, May 30, 2011
Use In Case Of Slight Discomfort
AITOOW doesn't understand why we allow service entities to keep significant reserves? They should refund any overage caused by miscalculation or fiscal serendipity. Keeping it only encourages them to spend more than is necessary or sustainable. From my state to my school board to my home owner's association, they all have ridiculous amounts of money in their rainy day funds. So much so that they can frustrate cost the cutting ambitions in current policy agendas. It's not about having "flexibility" at a certain point. It's about having leverage over you. Not to mention the free dinners that they get from the banks that sit on the cash.
Sunday, May 29, 2011
Karate Kids
AITOOW sees the Japanese influence in the physical appearance of the American Indian? It would make sense since they are supposed to have have migrated from Asia across the Bering Sea when it was frozen over. The Indians are just Red Japanese. Check out the nose, hair, eyes, ass, etc. On a different note. How can you be Native if you migrated from Asia?
Saturday, May 28, 2011
Another Brick In The Wall
AITOOW feels society is in a downward trajectory and it can all be traced back to the fact that nobody accepts constructive (or any) criticism any more? It isn't allowed. If people can't be made to see that they are in error then they can never learn. They don't improve. Society stagnates or rolls back. I point the finger (where else) at the drug addled hippies (who are responsible for almost every dumb idea currently manifesting itself in our society) and their esteem movement that metamorphosed in the 90's (when they took their turn running things). It began as a way to keep minorities from quitting. Tell them whatever they did was good. Pump up their ego. Make them think that life wasn't so daunting and maybe they would make an effort so we wouldn't have to carry them any longer. Unfortunately, it spread to all parts of society. It created the situation we have now. A society full of brick walls that are just about as smart.
Friday, May 27, 2011
A-Me-Rica
AITOOW thinks that the country's attitude of entitlement can be traced to the suffragist movement? Equal rights led to equal time which led to the proliferation of feminine ideas. Some of which are : They expect everything to be paid for by another. They expect not to have to work. They expect to be romanced. They expect to be treated like a spoiled cat their entire lives. No wonder they have infected our culture with a contagion of presumptuousness. Time to tune in and tune out their self serving inanity. And I'm sure the blacks looking for a supplemental Master hasn't helped either.
Thursday, May 26, 2011
Sunday, May 22, 2011
I Before U
AITOOW is tired of the sanctimony of people who only look through the prism of their self serving beliefs? We get it. You have Disease A. You support Country A. You support your ethnicity. You have peculiar dietary proclivities. You love animals more than humans. You want to put things inside your vagina and/or anus. You are an outsider. You live La Vie Boeheme. You couldn't throw a ball so you invented a thing called Arts and proclaimed it to be omni important. And we all MUST support those causes or ideas or we are intellectually, astetically, morally or ethically inferior. Is there any behavior/philosophy more ego-centric? Is there any advocate worse for a cause? It's not pious if you are the beneficiary.
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