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To: Terry Mross
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.

Are you sure you're on the right site?

76 posted on 12/02/2009 10:01:41 PM PST by altair (I want him to fail)
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To: altair

What I’m saying is when people spend a million to save two hundred thousand makes no sense. He can give his ex a million and save two hundred grand. He doesn’t have to give the government 200,000 but he’s giving the wife 800,000. He’s still out 800,000. I’d much rather give the government 200,000 than give an ex 800,000 if I have the choice.


79 posted on 12/02/2009 11:00:29 PM PST by Terry Mross (Is it racist if it's true?)
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