RE:leftist rebels?HEY IKE !!!!! DON'T SCARE OFF THE INVESTORS.. MEDELLIN AREA IS QUIET AND PEACEFUL... IN FACT I MAY JUST TAKE A VACATION DOWN THERE !!!!
THE GOOD DR., WHO WROTE THAT ARTICLE DOES NOT HAVE A CLUE ABOUT WHAT HE IS TALKING ABOUT,,, LET ME EXPLAIN... HERE IS A PARAGRAPH FROM HIS ARTICLE.
"How much of an effect? When one considers the infrastructure that goes into maintaining an industry producing $2.5 billion dollars in income every year, it’s greater than you might imagine. Untaxed and unrecorded dollars are paying for everything from fuel for the machinery being used in the operation, to transporting the ill-gotten gains out of the country. As if that isn’t bad enough, it’s obvious there is some big dollar bribes going around. With the 25% corporate tax rate instituted by Colombia, it amounts to $625 billion dollars of lost tax revenue. Enough to pay America’s entire military budget, in case it hasn’t sunk in, this problem is huge."
HE SAYS THE MINING INDUSTRY IS PRODUCING $2.5 BILLION INCOME/YEAR... OK, I AM ALRIGHT WITH THAT...
THEN HE GOES ON TO SAY THE CORPORATE TAX RATE IS 25% OK,,, I AM FINE WITH THAT FIGURE TOO....
BUT THEN HE GOES ON TO SAY IT AMOUNTS TO $625 BILLION OF LOST TAX REVENUE... HUH!!!!!!!!!!!!!!!!!!!!!!
25% OF $2.5 BILLION IS $625 MILLION MILLION !!!!! NOT BILLION !!!!!
IN FACT, THE GUY GOES AND DIGS A DEEPER HOLE FOR HIMSELF WHEN HE SAYS..... AND I QUOTE AGAIN....
Enough to pay America’s entire military budget, in case it hasn’t sunk in, this problem is huge."
HUH,, HUH,,, HUH,,,, DOES THIS GUY REALLY THINK THE TAXES ON COLOMBIA'S MINING INDUSTRY ARE ENOUGH TO PAY FOR AMERICA'S ENTIRE MILITARY BUDGET..!!!!!! NO NO NO.... THIS GUY IS SERIOUSLY DETACHED FROM REALITY,,, ON DRUGS ,,,, OR VERY STUPID ..... OR MAYBE A COMBINATION OF ALL 3... PLEASE CONSIDER AND EVALUATE ARTICLES WHICH MAY BE DETRIMENTAL TO RED EAGLE BEFORE POSTING..... THANKS ,,, WILLIE...