To: The Great Yazoo
"Gross Taxable Income"
How about all the other income that wasn't taxed. Legally of course, but it crushes there point of complaining about "Loopholes for the rich" when they are exposing every one of them.
To: Josh in PA
had $2,781,791 of tax exempt interest income from state, municipal and public entity bonds.
More than half her income was tax-exempt.
7 posted on
10/15/2004 2:55:16 PM PDT by
The Great Yazoo
(JFK: He's a real nowhere man, Sitting in his nowhereland, Making all his nowhere plans, For nobody)
To: Josh in PA
She earned more non-taxable interest than gross taxable income.
8 posted on
10/15/2004 2:55:26 PM PDT by
weegee
(Ted Kennedy, your brother defined Vietnam antiwar protesters as traitors, giving aid to Ho Chi Mihn)
To: Josh in PA
I'd say you'd have to be exceptionally stupid to pay taxes on income that isn't taxable.
10 posted on
10/15/2004 2:55:59 PM PDT by
Arkie2
To: Josh in PA
I see, at a minimum, paper losses on real estate.
13 posted on
10/15/2004 2:57:03 PM PDT by
gov_bean_ counter
(If it talks like a liberal, votes like a liberal and spends like a liberal, it's a liberal.)
To: Josh in PA
Effective tax rate of less than 16%.
14 posted on
10/15/2004 2:57:24 PM PDT by
The Great Yazoo
(JFK: He's a real nowhere man, Sitting in his nowhereland, Making all his nowhere plans, For nobody)
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