'Corporate?' Greed

The 'Protestors' or 'Anarcist' as Fox News likes to call them originally
started their movement as one against 'Greed' but now it's being reported as
against 'Corporate' Greed. Lets be aware that this is not only corporate
but governmental as well as the saying goes 'We Have the Best Government
Money Can Buy'.

Our government Congress and Presidents votes have been and are being
"Bought' by Lobbyist from huge corporations that in turn get tax benefits
from them as in G.E. not paying any taxes at all in 2009 or Oil Companies
making billions in profits getting tax breaks. Of course the costs for the
money for these contributions are being passed onto us in higher costs for
their products causing 'Inflation'.

The Government has then been cohearst into creating rules for the IRS
favoring the 'Super Rich' with things like REITs, Real Estate Investment
Trusts, which require 90% of the taxable income to be returned to the
investor and as you can find "Investors' includes the income that's being
given to corporate officers and board of directors members that are usually
given large amounts of these REIT stock. Residents of these properties
usually suffer inadequate repairs and loss of amenities as well as employee
cutbacks. Or being sur-charged for major repairs as in if your in a condo
elevator repair/replacement etc.

The 'Muni Bond' is also another instrument that exists in which the
investor gets 'Tax Free' income at a much lower dividend % compared to other
Bonds, but if you have millions to invest who cares. Unfortunately the
people paying back the return on these investments are the general public
through their taxes. and yes that is one of the main reasons why your taxes
are (or were) so high on property. The Munis are also a way taxes are 'Back
Doored' where in monies can be obtained for projects that would have never
been approved if bought to a vote.

All of this does not apply to the small or medium business or those being
honest as in lets say doctor who who wouldn't mind paying a flat tax say of
10% or so if the tax code were eliminated due to it's being so corrupt over
the years.

In the mean time I would be seriously thinking of running a financial check
on your prospective rental owners being sure they are not a part of a REIT,
which may be hidden (I found our 'Regional Manager' and local manager
unaware of the companies well hidden REIT stock issues).

Information on REITs and Minucipal Bonds available on SEC.gov but you have
to do a search under investor information.