Re: ECONOMICS: The U.S. tax scenario complexifies

From: Dehede011@aol.com
Date: Fri Jan 10 2003 - 07:57:43 MST


In a message dated 1/10/2003 5:41:29 AM Central Standard Time,
bradbury@aeiveos.com writes: makes me suspect there may be more here than
initial simplistic presentations seem to present.

Robert,
       Now that I am retired, I decided to take some accounting courses and
set for my accounting license. To that end I have just completed the
individual and corporate tax courses. You don't know how much truth you have
spoken.
       Let me give you an example -- it is not unheard of for Congress to
"close a loophole" and to have the tax professionals wring their hands. Then
after several years of dealing with the application of the closed loophole
for the professionals to suddenly realize that some congresscriter had stuck
in yet another loop hole for the benefit of some unknown party.
       But it does seem clear that it will help the 401K plans. It also
appears he is trying to attract some of the manufacturing that has gone out
of the country to come back. If so he has a long way to go.
Ron h.



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