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Taxing Time #80258 04/15/99 07:48 AM
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Robert M Dick Offline OP
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If we could reform the tax system and replace the progressive income tax, think about how many more Harbour Lights we could afford to purchase and how much richer our lives would be.

Any thoughts on this from all you wackos out there.

Moby


Moby
Re: Taxing Time #80259 04/15/99 09:05 AM
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AlanBeckman Offline
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How about having money spent on HLs, reuniouns, trips to real lighthouses, etc be tax deductible medical expenses. (Have you ever seen wacko withdrawal? Its not a very pretty sight)

Dr. Feelgood

Re: Taxing Time #80260 04/15/99 09:28 AM
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The IRS should give "Hallmark Points" for each dollar you pay, redeemable for Harbour Lights at any authorized retailer.

Re: Taxing Time #80261 04/15/99 04:36 PM
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orv Offline
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I changed jobs last year, had to cash in a 401k, couldn't roll it all over and keep stock certificates, so had to pay penalty plus extra tax. The additional tax on top of the regular witholding is making me cry. I just sent my most unfavorite uncle about 20 HL's

(BUMMING IN MISERY) that Missouri for those of you that don't know

------------------
ORV



[This message has been edited by orv (edited 04-15-99).]


ORV
Re: Taxing Time #80262 04/15/99 11:09 PM
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JTimothyA Offline
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Rather amusing to see Clinton paid the same rate this year on his $500k+ income that Stevie Forbes advocates for the flat tax, a casual 17%.

Wonder how many secondary dealers reported capital gains? ;->

__
/im

Re: Taxing Time #80263 04/15/99 11:50 PM
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mombo Offline
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Like the "Hallmark Points", John. Since I converted to a Roth I could buy lots of HL's over the next 4 years!

Re: Taxing Time #80264 04/16/99 12:30 PM
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Let's see...

Organize the "Arizona Harbour Lights Museum" as a non-profit.

Purchases could qualify as contribution?

May need to set up a will leaving all the future HL purchases to the Museum?

Nnaaaahhhhh. Never work.

Re: Taxing Time #80265 04/17/99 03:09 PM
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[This message has been edited by mombo (edited 04-17-99).]

Re: Taxing Time #80266 04/26/99 09:02 PM
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Robert M Dick Offline OP
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I was told today that if you won the lottery, say $197 million and took payment over 20 years, this would redue the tax load. If you died during that time, the remaining payments would go to those in your will but IRS would demand the entire tax payment at that time for all of the remaining payments at once.

It's hard to remember that the main objective was to drain the swamp when your up to your tail bone in allegators.

I've fallen and I can't get up.

Moby

Beacjed by the ideas of the IRS


Moby

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