[Rhodes22-list] 2007 Tax Return

Tootle ekroposki at charter.net
Fri May 26 05:38:17 EDT 2006


Stan,
       Let us define rich.  Begin by eliminating anyone who gets paid hourly
or on commission.  Let us include salaries less than 'x' amount.  Let x
equal the average mean income.  Let us include all chapter S/10 gross income
since deductions such as lunch, dinner and other things termed business
expenses are used to hide or shelter income.  Let us include income from any
source on those with net worth over 'y' amount.  Let us say that net worth
should be y ='s $100,000.  Net worth should include all assets and excude
liabilities like mortgages, loans and other self accrued devices designed as
tax shelters.  Net worth should include assests such as real property and
attachments.  Any EC would certainly agree to include all the above, right?  

Ed K
--
View this message in context: http://www.nabble.com/2007+Tax+Return-t1684923.html#a4574712
Sent from the Rhodes22 forum at Nabble.com.



More information about the Rhodes22-list mailing list