Wednesday, April 18, 2007

FMJ - Day 385

April 17: No finds occurred on this day. Spent much of the day doing bookkeeping for my tax guy. I went to my local Schwab office to put $4,000 into my IRA eventhough it's no longer deductible as my wife and I are members of the AMT club... what a joke is this tax system. What good is a progressive tax code with "social and political tax breaks" if more and more of our populace doesn't get to use these deductions as the AMT swoops in to deny your deductions should your cross an certain income threshold? I'm not Bill Gates and I don't own mansions on islands like Bermuda... why do I suffer like them. It almost farcical!

No comments: