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Old 10-21-2004, 03:37 PM   #20 (permalink)
raven6mt
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Join Date: Apr 2004
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What do you think will happen if the Fortune 1000 companies (or all companies for that matter) get hit with a nice big tax bill? Just accept it and continue on as before? Heck no...their performance as analyzed by Wall Street requires them to meet certain expectations, so they will have to make up for it by cutting costs. In an economic situation where most companies have just weathered a recession and have already streamlined operations to return to profitability, likely "costs" can be read as "jobs", especially the ones recently created. Welcome back, recession.

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