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To: lifeisgood who wrote (140906)12/30/2001 10:04:53 AM
From: 10K a day  Respond to of 436258
 
> Well, if the corporate world is any example, all the laid off consumer has to do is finance more spending by going even further into debt and using "pro forma" (i.e., non existent) income as collateral

I'm thinking there has to be a pro-forma tax answer...Maybe an 'alternative minimum tax' kickback to individuals for the last 15 years....OR something.