funsec mailing list archives

Re: Very scary.....


From: "Dude VanWinkle" <dudevanwinkle () gmail com>
Date: Sat, 29 Sep 2007 19:00:28 -0400

On 9/28/07, Dennis Henderson <hendomatic () gmail com> wrote:



On 9/28/07, rms () computerbytesman com <rms () computerbytesman com > wrote:
One of the worst government welfare programs around is allowing folks to
deduct their mortgage interest and property taxes from their federal tax
returns.  Another bad program is excusing capital gain taxes on the first
$500K of profits when a married couple sells their house.

Richard



Nah earned income credit is actually a fed "welfare program". You can
actually get back more money from the govt, than you paid in.

The govt goes to great lengths to make sure that people who actually earn a
lot of money pay "their fair share".

The annual means test that limits how much I can put in my 401k is another
"screw the wealthy" limitation.

Ja, the wealthy have it sooo hard. Its just another example of the man
trying to keep you down lol\

-JP
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