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For a guy with the handle taxsrv, I am surprised that you don't know the
difference between GAAP and tax accounting and that you can't reconcile the cash flow statement with the earnings statement. Southwest does not pay income taxes. Mike MU-2 "TaxSrv" wrote in message . .. "Mike Rapoport" wrote: Airlines that make money pay income tax. Mike Schumann No they don't Southwest's SEC Form 10-K says they have been paying an income tax. Fred F. |
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