Re: The demise of Midrange Computing - Is AS/400 is dead ?

> they keep paying IBM lot$ of money for the product and support.  IBM keeps
> it a secret to minimize their tax liability.  IBM refuses to let the


Al,

You've said this numerous times, but I just don't get it...maybe I've been
seeing too many M$ ads lately....

I'm no CPA, but it would seem logical to presume that IBM has reached
their highest marginal tax rate and that incremental sales above $1
Billion would be charges the same marginal tax rate as the next
$Billion...  Actually, the number is much lower than a gigabuck, but I
think you understand the concept.

Given that even without ANY AS/400 (what the heck is a 400?) sales, IBM
would have already achieved it's highest marginal tax rate...  So, in
effect if they sell 1 or 1000 400's (never heard of a 400...at least not
from IBM) they will be charged the SAME tax percentage...before loophole
deductions...:)

I don't get their tax argument...

Don in DC

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