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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Colin Cody who wrote (295)12/21/1997 4:11:00 PM
From: Gary  Read Replies (1) of 5810
 
Colin

There is no hurry for them to address this as it is not imininent at this moment. They could not even finalize capital gain allocations and the IRS went ahead and did the forms for 1997 on the assumption that Congress would pass the technical corrections legislation as it was not controversial. If the people passing tax laws worked for a living in the area they "violate", then maybe things would be a little more cut and dry, complete and a lot less complicated. If nothing else there would be one effective date and only one set of income threshholds instead of what we have now. It's insantity.

Gary
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