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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: MrGreenJeans who wrote (7454)	8/4/1999 12:22:00 PM
From: Wally Mastroly	Read Replies (1) of 15132

Latest version of a tax cut bill - probably will be vetoed: nytimes.com - Hopefully any "final" bill would include these two: Under the plan, the standard deduction for married couples filing jointly would increase to twice the standard deduction for single filers, and the amount of income subject to the 15 percent income tax rate for couples would increase to twice the amount for single people. The deal also included one of Roth's main priorities, an increase in the maximum allowable contribution to Individual Retirement Accounts to $5,000 from $2,000.

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