| Subject: | [Spridgets] Taxes |
|---|---|
| From: | 72spridget at gmail.com (David Lieb) |
| Date: | Fri, 4 Mar 2011 09:59:24 -0600 |
| References: | <195139055.1668965.1299170875658.JavaMail.root@cl02-host03.dlls.pa.frontiernet.net> <1759326818.1669063.1299171170476.JavaMail.root@cl02-host03.dlls.pa.frontiernet.net> <20110303111997.SM04508@TOSHIBA-USER3.nosimport.com> <50FA30A13DB94DDC8BA91F973B82E610@HomePC> <201103032349.p23NnKEG001110@mail.usimperio.com> <A70FF9701AF64D09B6A1E01DA7350ECE@HomePC> <BAY147-w426EE29AB88B570C496141B8C20@phx.gbl> |
As someone mentioned earlier, flat rate taxes sound marvelous, but what is "income"? If my stocks go up, is that income? If my company makes a profit, is that income? If my house "value" goes up? If someone sells a Bugeye for $30,000, does that represent income to me? As long as the rich dudes are willing to pay fancy lawyers and accountants instead of the government... David L |
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