Red, I could sit here and write another book for you and it'd be deleted within the hour again, so I won't save one point... The 'rich' don't pay 'income tax' because they don't have 'income'. That, quite simply, is how they avoid paying tax. Income gets buried, one way or another. I'm sure they still pay plenty of tax, etc... but it's by no means the high percentages you'd have us believe. When you get to the point where you have that much money coming in, you have people who work on finding way for you to not give that money to the government. There's many a legal way to do that. You've just got to spend the time studying the tax codes and figure out just what you can get away with... If there's anyone out there actually paying the highest marginal tax rate then they're not trying hard enough, if at all in the tax avoidance department.
You may be proud to say you gave 10000 to the government in one year but the goal around here is to give them nothing, and if that's what the rules say, that's what they'll get from me.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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