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  • #31
    billt
    Senior Member
    • Jan 2012
    • 1179

    Originally posted by CCrawford
    The plane is hiding the money - it is an expense. While the laws have changed some in recent years in the US, I'm sure other countries allow busjet costs. The biggest way GlockUSA hide money from tax folks was by having a off shore "consulting firm" owned personal by Mr. Glock that did no "real" work, but took very large fees that are tax deducible here.

    Read the book, pretty detailed accounts of hiding the money. Other funny thing was setting the retail price for the first G17s, US guys made up a number that was not too low (meaning low quality) or too high (compete well with others). That was the whole pricing plan.

    And the strippers, read about the strippers.
    Who cares what he's "hiding"? What difference does it make? He didn't steal anything. He is a very successful businessman who is taking advantage any way he can to keep what he's earned. Thousands of corporations here do much the same thing. Austria is damn lucky he didn't pull up stakes completely, and move his entire operation here. What the hell have they done for him? The Austrian government is nothing more than a blood sucking leech to his business, much like California is to businesses here.

    You have a man that has come up with the most innovative handgun since the 1911, and he has made billions from it. Good for him. Who cares if he spends his money on a new young wife, private jets, big homes, naked dancing broads, or anything else?
    If common sense was so common, why don't liberals possess any?

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