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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (62381)	11/11/2002 12:19:43 AM
From: ehasfjord	Respond to of 77400

The following has also been discussed... 1. Set a threshold for "working poor". - What this $ amt. would be, I have not a clue. - should the $ amt be based upon the family income if there is more than one wage earner? Once again, I don't have a clue. 2. If the threshold is = to or less than, no taxes. 3. If the threshold is greater than the given amount, then taxes come into play on the amount earned in excess of the threshold - no deductable on mortgage interest, etc... - I could live with something like this, if the tax amount is less than what I pay now. 4. It would put tax "consultants such as H&R Block out of business, Same applies to the dam* IRS" and tax att's + the politicians who have allot to lose. It would have the additional benefit of a 1 page tax form. Unfortunately, the public would scream bloody murder over their "right" to pay out more money on mrtg. and receive only a lesser % back. Honey let's buy this house, and for every $ we spend on interest, we get 20% back. DUMB! If you think that I'm wound up now, you should see me around April 15th - and I have a taxman do my taxes since the whole situation has become so involved. One thing for sure, GET RID OF THE A.M.T. and taxes on capital gains! I have vented! Take Care!