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Politics : Al Gore vs George Bush: the moderate's perspective -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (2640)10/16/2000 11:43:02 AM
From: Bill  Read Replies (2) | Respond to of 10042
 
I paid $200,000 on the last million I made.

How do you do that? I can't find those loopholes. Deduction phase-outs and AMT plug most everything. Either you have some major stock losses or you're a thief.



To: American Spirit who wrote (2640)10/16/2000 12:24:21 PM
From: TimF  Respond to of 10042
 
I repeat, the rich never pay full taxes anyway. They/we have tons of write-offs. Just incorporate yourself and everything you spend almost is a write-off. The middle-class can't do that. They get it taken out of their paychecks. I paid $200,000 on the last million I made. The middle-class pay more.

You mean middle class people pay more then $200,000 of federal income taxes??

Tim


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