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Originally Posted by Fat Charlie
The way tax policy is supposed to work, it means our lawmakers are trying to punish those of us who have to work for a living, encouraging us to live off of investment income instead. Or you could say that the rich have bought Congress.
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Most of the people who live off investment income aren't rich - or at least not in the rich enough to buy Congress category. They're people who've worked (seeing their income taxed once already), saved a bit instead of (over)spending, and are now retired.
Quote:
Originally Posted by redpoint5
... T-minus 364 days until the next planned torture event.
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Why do you consider it torture? Unless your return is a lot more complicated than mine (which includes Schedule C, D, SSE, and several pages of numbered forms), it's not all that difficult.