I thought the Bush tax cuts only benefitte dthe rich?

[Jim in CT]

Originally Posted by stcroixman

i've been a cpa 25 years. Stick to economics where everything is theory - butter and guns. I deal with people and their money and taxes that is real life.

No tax accountant could make a client feel better with your % crap. They want real world results.

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...