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Oh yeah, it's weird and crazy out here, but that's because of immigrants from the upper 48. We don't have any border controls east and north.

The way it works is, that corporations are persons, but very special kinds of persons, persons who can split themselves up into parts and sell the parts off, so while the corporation never sells the property to cause a taxable event, the corporation itself is constantly being bought and sold.

This simple fact was not made clear to the voters who gave us Prop 13.  Maybe smoke and mirrors got in their eyes. They of course replied, something deep inside, cannot be denied.

by greatferm (greatferm-at-email.com) on Fri Jan 20th, 2012 at 01:29:08 PM EST
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