I am not asking that just the interest be taxed at a lower rate. I am asking that the total amout in this account be taxed at a lower rate year to year. If you dump $2000 into the account. At the end of the year your ballance is say $2012. $2012 is deducted off you gross earings before tax. Then the $2012 gets added back in at a lower tax rate. The next year. Say your ballance is $4055. At tax time you subtract last years ballance - $2012 Then $2043 is the number you use that year.
Lets say that year your car blew up and you had to dig into the fund. So at the end of the year your only at $1050. Well your not going to get a tax break. But you wont get penalized ether. You just wont be able to take a cut until the ballance gets back over the $2012.
If they did that people whould save more. SOme more some just a bit. The big thing is our money would be in the system. Not Chineese money. because its in demand accounts the bankers would have to be careful with it. because we might come get it.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
