"John D. Giorgis" wrote:

> Has anything changed?   Yeah, now the rich are changed confiscatory tax
> rates of nearly 40% in order to support the poor.  And that's just for
> starters.......
> 

Stupid rich people (of which I'm guessing there are few) pay 40%.  The rest
hire tax accountants to whittle that percentage down considerably.

Doug
[EMAIL PROTECTED]

Weekly Tax Tip from http://www.taxtips.com/

"A) Work with your tax professional or broker to determine that your capital
gains and losses are properly positioned. (Only $3,000 of capital losses can
be deducted against ordinary income.) (B) Pay your last installment of
estimated State and Local taxes in December, 2000. (C) Be sure that you have
purchased $19,000 of Sect. 179   property. If you have a C Corporation, and a
sole-owner, partnership or Sub-S business, you  may be able to take this
$19,000 in the C Corporation and in one of your other  businesses. (D) Short
of cash? Consider charging business supplies or other business expenses on
your credit card. In most instances, the IRS considers these to be expenses in
the year charged to the credit card."

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