Red, I could sit here and write another book for you and it'd be deleted within the hour again, so I won't save one point... The 'rich' don't pay 'income tax' because they don't have 'income'. That, quite simply, is how they avoid paying tax. Income gets buried, one way or another. I'm sure they still pay plenty of tax, etc... but it's by no means the high percentages you'd have us believe. When you get to the point where you have that much money coming in, you have people who work on finding way for you to not give that money to the government. There's many a legal way to do that. You've just got to spend the time studying the tax codes and figure out just what you can get away with... If there's anyone out there actually paying the highest marginal tax rate then they're not trying hard enough, if at all in the tax avoidance department.
You may be proud to say you gave 10000 to the government in one year but the goal around here is to give them nothing, and if that's what the rules say, that's what they'll get from me.
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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