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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (28010)	2/3/1999 7:41:00 PM
From: Donald B. Fuller	Read Replies (4) \| Respond to of 70976

>>Also, investment expenses are subject to a 2% AGI floor.>> Yeah - that's it. In other words, if you make a decent income, that 2% AGI detail means margin interest, for all practical purposes, is non-deductible, unless it is an enormous amount, which most sane investors would never approach. >>There is a thread on SI where a CPA by the name of Richard Green has posted quite often in the past concerning tax issues, the poster can get some good info over there...>> This could be useful. Do you know the name of the thread, so we may get back to AMAT issues on this one? Thanks, Don