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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 40.16-2.9%Oct 30 3:59 PM EDT

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To: David R who wrote (26900)5/3/2001 3:27:42 PM
From: sea_biscuit  Read Replies (1) of 27012
 
Today, the same couple would probably earn $180K but a
house costs $600K. THey will get creamed on interest and tax deduction due to deduction phase-out
(not to mention AMT).


What is this deduction phase-out? Can you give me some example? Geez, this tax system is so screwed-up that there seems to be no end to nasty surprises...
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