To: blackdog
But then again we have no debt to speak of either.That's a killer. Without a monsterous mortgage, you are less likely to have enough deductions to get you past the standard limit, in my observation. It's pretty stacked against the upper middle class. I pay the IRS more than 25% of my income every year. Then there is the state, local, school, phone, road...
Everybody wants a piece of me.
14 posted on
02/10/2004 10:29:31 AM PST by
Glenn
(What were you thinking, Al?)
To: Glenn
Without a monsterous mortgage, you are less likely to have enough deductions to get you past the standard limit, in my observation.
Don't forget state income tax and property tax.
18 posted on
02/10/2004 10:37:18 AM PST by
Atlas Sneezed
(Your Friendly Freeper Patent Attorney)
To: Glenn
Farming works well for us. I figure I make about a dollar ten an hour and work eighty hour weeks in a good year after expenses, reinvestment, and improvements.
I don't think I could ever work a regular job in the traditional sense ever again.
20 posted on
02/10/2004 10:42:06 AM PST by
blackdog
(Democrat Party? Democratic Party? Democrat Candidate? Democratic Candidate? Wassup wit dat?)
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