W3C home > Mailing lists > Public > public-credentials@w3.org > June 2016

Re: MS Saves Money by taking out a loan rather than using its own cash

From: Brent Shambaugh <brent.shambaugh@gmail.com>
Date: Fri, 17 Jun 2016 14:35:57 -0400
Message-ID: <CACvcBVo4yA7-V-7NLUzRuvRkESKWDoO03WW1YMfZLTCbM81BFA@mail.gmail.com>
To: Timothy Holborn <timothy.holborn@gmail.com>
Cc: Web Payments CG <public-webpayments@w3.org>, W3C Credentials Community Group <public-credentials@w3.org>
I think I recall that student loans are tax deductible. In a pejorative
sense it seems like a sneaky way to institutionalize everyone. I'm not sure
self-education is tax deductible unless you masquerade it as a business.
It is hard to be self-employed too without taking a big tax burden. Hmm...
I do not think I am thinking though this to the end though..

-Brent Shambaugh

Skype: brent.shambaugh
LinkedIN: https://www.linkedin.com/in/brent-shambaugh-9b91259
Twitter: https://twitter.com/Brent_Shambaugh

On Fri, Jun 17, 2016 at 10:35 AM, Timothy Holborn <timothy.holborn@gmail.com
> wrote:

> "you know something is deeply wrong in our market system when a company
> like Microsoft, which has $100 billion in cash sitting in bank accounts
> (much of it offshore), decides it needs to borrow billions to fund its
> acquisition of the social networking platform LinkedIn.".... " Because it
> will save around $9 billion in U.S. taxes by doing so. Debt is tax
> deductible, and borrowing will save Microsoft money relative to bringing
> overseas cash back home and paying the U.S. corporate tax rate on it."
> source: http://time.com/4368047/microsoft-linkedin-deal-merger-debt/
> thought it was interesting...  not sure whether the payments works have
> any role with regard to considerations herein, but given the 'human
> centric' vs. 'service-centric' considerations i thought perhaps at some
> level we are making ideological choices somewhere herein; and,
> that's about as far as i got thinking about it...
> Tim.H.
Received on Friday, 17 June 2016 18:36:26 UTC

This archive was generated by hypermail 2.4.0 : Friday, 17 January 2020 19:17:53 UTC