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Strategies & Market Trends : WR's Momentum Trades
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To: Wayne Rumball who wrote (6084)2/17/1999 7:30:00 PM
From: Tom Allinder  Read Replies (2) of 11130
 
I just got done with my taxes and I'm MAD AS HELL!!! This is the first year (1998) that I made a decent amount of money in the market. Now I have to give HALF of it back to the govt. This combined with the 13% self employment tax and the costs of having a new business and the taxes, penalties, charges and overcharges that goes with business. I worked 360 days last year. Had 5 days off. Work an average of 15 hours a day. And now the govt is confiscating damn near everything left.

I was up about 500% in the market last year. I am up 1200% already this year. I guess the IRS will show up any day to take my home, my pets, my wife and what damned few possessions I have and throw me out on the street.

As I get thrown out into the street, they will say "There, that'll learn ya to make too much money!"

Sorry, I appologize, had to get it out of my system.

Tom
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