Uh...yes it is. Read the post, I said tax credits.
Mike
MU-2
"G.R. Patterson III" wrote in message
...
Mike Rapoport wrote:
What freedom is lost?. You can do exactly as you are doing now and your
cost of doing so will be the same.
Uh .... no it's not. If the cost of gas goes up to $4 a gallon, my cost of
doing
what I usually do goes up significantly. If part of that $4 is taxes, and
if I can
deduct those taxes on my income tax, then I will reduce my income taxes by
about
30% of the amount I spent in fuel taxes, but that still won't be anywhere
close
to being the same.
George Patterson
Love, n.: A form of temporary insanity afflicting the young. It is
curable
either by marriage or by removal of the afflicted from the
circumstances
under which he incurred the condition. It is sometimes fatal, but
more
often to the physician than to the patient.
|