Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
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Tax Guru-Ker$tetter Letter
Friday, January 10, 2003
Don't Hate Me Because I'm Rich
The liberals don't just hate the super-wealthy, such as Bill Gates. As I've explained on several occasions, the definition of who exactly are the dreaded evil rich in this country differs for each tax rule. For example, single persons earning more than $25,000 per year and married couples earning over $32,000 per year are considered evil rich and are required to pay tax on 85% of their Social Security benefits in contrast to the original promise that all benefits would be completely tax free for everyone. Similarly, just as this article describes, a good many senior citizens receive dividend income.
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 1/10/2003 03:49:00 PM Send this post:
