Quote:
Originally Posted by Jim in CT
Wow. I'm an actuary, which is one of the few professions that demands greater quantitative skills than an accountant.
In my first post, I said that if your tax rate decreases from 15 percent to 10 percent, that's a 33% decrease in your tax obligation.
You disagreed.
I was right. You were wrong. You see, "10" is a number that is exactly 33.33 percent less than "15".
I'm glad you are not my accountant.
You need a refresher course. I'm sure you can find some continuing ed seminar somewhere...when you get your next issue of Pravda or "The Daily Worker", check the classifieds...
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my final comment:
Jim if you are such a tax expert why do you need an accountant? Obviously you are an internet tax expert.
I I want an opinion on a DB plan's unfunded obligation or whatever you call it - then you'll get a call.