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

To: willcousa who wrote (340771)	1/9/2003 12:46:18 PM
From: John Carragher	Read Replies (1) \| Respond to of 769670

It could be a very good number now that I think more about it.. take MO @ $42 a share.. paying $2.50 dividend. They would need around 400 shares of Phillip Morris to avoid taxes on $1000. total investment about $17,000. Still see most elderly with certificate of deposits and no money in market or very little. Wait if in 15% tax bracket the savings is $150... so we need to extrapolate the number by 6.5 or 2600 shares of mo. @ 42 = $109,000 Now I know why I find it hard to believe again... To arrive at 978 in tax savings the average elderly person needs over $100,000 in stocks.. not in my neighborhood. If in 25% bracket.. savings is $250.. and 4 x $17,000 is $68,000 ... savings.. possible.