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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (149437)5/29/2001 2:47:13 PM
From: Bill  Read Replies (2) | Respond to of 769670
 
SEP IRA rules require business owners to contribute for employees at the same or greater percentage than the owner. Your argument is hogwash.



To: Nadine Carroll who wrote (149437)5/29/2001 3:16:10 PM
From: SecularBull  Respond to of 769670
 
We have a 401k (my company), so at the expense of lining my own pocket, we provide more benefits to our employees through deferrals and matches.

Many owners of assets are not rich...

True, but they are taxed as if they are.

Where should the 39.6% tax rate be cut-off (at the lower end)?

~SB~


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