Thread: Sold out by IFR
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  #91  
Old February 3rd 04, 08:46 PM
Mike Rapoport
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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.