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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 (2648)	10/16/2000 12:02:23 PM
From: Bill	Read Replies (1) \| Respond to of 10042

<Just incorporate yourself/your business and then travel a lot, plenty of dinners, SEP IRA, invest in a business etc.> I travel a lot and when it's business it gets deducted. When it's not business, it is not legal to deduct. I go to dinner a lot and when it's business it gets deducted (the small legal pct they allow). When it's not business, it is not legal to deduct. SEP IRAs max out at $24,000 per year per employee. If you contribute any more it is illegal. I invest in businesses and pay taxes on them when due. It would be illegal to do otherwise. <If you're upper income and paying more than 20% you need a new accountant.> That may be true, but I also suspect that you have defrauded the country if trips and meals lowered your tax rate to 20%. BTW, you write like someone who has never been in business.