[Terry Mross]

Never understood the “positive” of a write off. If you’re in a 20% tax bracket and you write off $1,000,000 you “save” $200,000 in taxes. The way I figure it you’re still out $800,000. And I learned that through public education in the 60’s.

[altair]

If you’re in a 20% tax bracket and you write off $1,000,000 you “save” $200,000 in taxes. The way I figure it you’re still out $800,000. And I learned that through public education in the 60’s.

From your figures, that's 1.2 million of his income that he gets decide how he spends himself as versus the neanderthals in DC spending the 200,000 for him. Sounds like a win to me.

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