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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (94900)3/10/2002 11:41:30 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
tom, if you are paying as much in tax as you earned a few years ago, then you are earning much more money. that is a bad thing?

we all hate taxes and we all hate the self service attitude of govt (and all human) organizations. our local red cross president pulls $300k plus... not bad for *charity* work, right... ;-)

it sounds like you didn't plan well for the graduated tax (the last $20k is taxed much higher than the first $20k ;-)

if you are saying they raised rates... that's news to me!



To: Tommaso who wrote (94900)3/11/2002 8:58:35 AM
From: Telemarker  Respond to of 132070
 
Tommaso, it's a "high class" problem but sounds like you need to do some planning. You've previously indicated that a large part of either yours or your wife's retirement account is in Treasuries, and you're currently paying income tax on 85% gains in your taxable accounts?

Well, it's your money - or not!



To: Tommaso who wrote (94900)3/11/2002 9:25:58 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
T, No tears, here. If you didn't have so many capital gains, you wouldn't have a problem. Paying taxes should be a joy. O.K., that's going too far.