They may still pay some taxes, but in general they will pay capital gains (15% flat) rather than income (35% top bracket) taxes, so they come out WAY ahead.
On Tue, Apr 19, 2011 at 3:43 PM, Gruss Gott <[email protected]> wrote: > > People who don't work for a living can (if they're smart) manipulate > their assets to show zero income, yet still live baller lifestyles. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336478 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
