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And don't get me started on the recapture of depreciated assets.
Commented Jan 14, 2012 on Taxing Your Assets Off at Rebane's Ruminations
Taxing Your Assets Off
George Rebane [This is the transcript of my regular KVMR commentary broadcast on 13 January 2012.] Most people know that governments fund themselves by taxing income, profits, consumption, and assets. The first three we have become used to at least to a degree where we now debate how much hig...
A couple of years ago, Northrop Grumman, in concert with European Aeronautic Defence and Space Company (EADS)was awarded a $30B+ contract to build the KC-45 refueling tankers for the USAF. EADS was going to supply Airbus A-330 as the platform aircraft. Boeing, the other bidder complained to the General Accounting Office. The GAO upheld Boeings grievance, and ordered the project re-bid, which was then awarded to Boeing about a year later.
Maybe there is still hope for Hawker-Beech.
Commented Jan 8, 2012 on Obamination #4,317: AT-6 Award to Brazil company at Rebane's Ruminations
Obamination #4,317: AT-6 Award to Brazil company
George Rebane So much crap happens under the radar of our dysfunctional lamestream. The Air Force is about to procure the new propeller-driven counter insurgency aircraft from a Brazilian company with connections to Soros, thereby leaving Hawker-Beechcraft of Wichita, Kansas high and dry. They...
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