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To: Texas Eagle

Had a finance professor tell the class: Say your tax rate is 15% ... you just spent $100 in interest to save $15 in taxes. How smart is that?


111 posted on 08/15/2017 12:52:15 PM PDT by Comment Not Approved (When bureaucrats outlaw hunting, outlaws will hunt bureaucrats.)
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To: Comment Not Approved
Had a finance professor tell the class: Say your tax rate is 15% ... you just spent $100 in interest to save $15 in taxes. How smart is that?

Trust me, there are plenty of FReepers who will tell you your professor is/was nuts.

I don't know why I try. But, try I must. It's just something in me (no, not drugs). But I must dream the impossible dream (a sane world). Fight the unbeatable foe (ignorance). To try when my arms (fingers, actually, from posting common sense replies to FR threads) are too weary. And to run where the brave dare not go (see previous).

113 posted on 08/15/2017 1:00:55 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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