Make Lots of Money with No WorkWritten by Kathleen Gage
Recently I received an email message that went something like this, “I want to do exactly what you are doing in my business.” Come to find out what this person wanted to “do” was make lots of money using Internet without having to work at it. I almost fell out of my chair. I wasn’t sure if it was from fact that I was now in my tenth hour of working that day and I was tired or being taken off balance by my surprise at this person’s belief that you don’t have to work at something to be successful. I don’t know why this would really surprise me as I have been hearing people say this type of thing for years. The fact is my business did extremely well in 2004 and much of that has to do with my knowledge and use of Internet in my overall marketing. It also had to do with fact I am very systematic in my approach to building my business. More times than not, people who are successful online and off have systems in place. The fact is anyone, yes anyone, can increase revenues substantially by incorporating use of Internet into overall marketing. However, to think you don’t have to do anything and reap unbelievable benefit is great frustration of those of us who are using Internet effectively.
| | Taxes as a Competitive Advantage in the Global EconomyWritten by Robert E. Cannon
Building an ownership society in a tax competitive world. Like many fellow citizens of this great country, I listened to President’s Inaugural Address on January 20th. It was interesting, but it just flowed over me with nothing really sticking out in my mind until I heard words, “building an ownership society.” As my life pressed forward, those words stuck with me as great sounding but with nothing to connect them to anything until I read Glenn R. Simpson’s article, “As Europe Cuts Corporate Tax, Pressure Rises on U.S. to Follow” in January 28th edition of Wall Street Journal online. Those words came back to mind and I promptly went on line to find that section of Presidents speech and offer it below:“In America's ideal of freedom, citizens find dignity and security of economic independence, instead of laboring on edge of subsistence. This is broader definition of liberty that motivated Homestead Act, Social Security Act, and G.I. Bill of Rights. And now we will extend this vision by reforming great institutions to serve needs of our time. To give every American a stake in promise and future of our country, we will bring highest standards to our schools, and build an ownership society. We will widen ownership of homes and businesses, retirement savings and health insurance - preparing our people for challenges of life in a free society. By making every citizen an agent of his or her own destiny, we will give our fellow Americans greater freedom from want and fear, and make our society more prosperous and just and equal.” I love sound of words, “ownership society,” but having recently written about how overhead burdens in this country are driving businesses overseas, I didn’t understand how this could happen until I read Journal article and now my hope is soaring. Simpson begins Journal article with, “European countries have been steadily slashing corporate-tax rates as they vie for foreign investment, potentially adding to pressure on U.S. for similar cuts as it weighs a tax overhaul.” Examples of what is happening in Europe can be seen in following table: Tax Rate Changes in last few years. BeforeAfterReduction Ireland24.0%12.5%11.5% Netherlands34.5%31.5%3.0% Portugal37.0%27.0%10.0% Austria34.0%25.0%9.0% Germany56.0%38.3%17.7% Poland27.0%19.0%8.0% U.S.40.0%
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