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I am not talking here how mega companies shift their revenue to
off-shore tax havens. I am also not talking here how billionaires
pay hardly 14%-15% of their income in taxes (14%-15% is too much
for me). I am talking here how middle class America can pay zero
taxes. If you are a farmer/rancher, mom-and-pop store owner,
contractor, doctor/lawyer/accountant providing services, small
business owner, you should not pay a dime in taxes. Students don't
even have any earning, may be $8-$10 an hour earning from a burger
place; taxes are not really an issue for them yet, but ballooning
unforgivable student loan is. What I am talking here is that they
need not to pay it back. No, don't hide your income; don't break
any laws. I am in-fact suggesting to follow the law to the letter.
IRS can't do a sh**. IRS doesn't make laws, they follow laws.
Congress makes laws. After reading this book, will congress change
laws I am referring to? I challenge them, no, I dare them. If
members of the congress even think to touch these laws, they will
shoot in their own foot; their own assets will become venerable. .
Individual's act is small but it validates a hypothesis. Once we
have proof-of-concept, we can repeat it ? basic scientific
principle. I would like to see that all middle class Americans
eliminate their taxes.
Whole America is in shock to learn the size of Individual
Retirement Account (IRA) of the Republican Presidential candidate
Mitt Romney. Some experts have estimated the value of his IRA over
$100 Millions. Pundits are scratching their head, how can it be?
Isn't there a contribution limit? How can one amass $100 millions
in a retirement account? Did Mitt Romney violate laws? Why didn't
IRS check? Along with the tax debate, from media reports, it
appears to me that people would probably be not so shocked if money
was in the taxable account. But because money is in an IRA, people
want to know how it was done. If it was done legally than they can
also use the same method and shelter their assets. It is a great
opportunity to learn. Almost $17M in long-term capital gains, more
than $3M in dividends and deduction of $4.5M is what made his tax
rate to drop. Set aside the politics for a moment, whatever he did
to have such large deduction, it worked well with the IRS, a lesson
to be learned. There is even a bigger lesson than deductions - he
didn't created much in the ordinary income that is taxed at higher
rate; and that amount is also very well structured. Hence, I think
the whole tax return is very good example for all of us to learn
how to structure ordinary income, how to take deductions and reduce
taxable income.
Digital Hardware Testing presents realistic transistor-level fault
models and testing methods for all types of circuits. The
discussion details design-for-testability and built-in self-test
methods, with coverage of boundary scan and emerging technologies
such as partial scan, cross check, and circular self-test-path.
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