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Old 03-12-2010, 06:53 PM
Rae74 Rae74 is offline
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Default tax breaks

I think that this is a bull crap loop hole for people who make alot of maoney.Here are tax breaks for virtually everyone rich or poor.The government should fix this because the wealthy don't need tax breaks,the poor are the ones that suffer everyday not just tax day.

If you're a high-income type, you're probably painfully aware that many tax breaks are phased out (either reduced or eliminated) as your adjusted gross income, or AGI, increases. That's the price of success, right? Well, not necessarily. Believe it or not, some tax breaks are available to just about anybody -- regardless of income. Here are six of them.

Retirement Plans for the Self-Employed

Credit for Overpaid Social Security Taxes

Deducting Alimony Payments to Your Ex

Writing Off Your Gambling Losses

Writing Off Your Investment Interest
The Dependent Care Credit

These are useful credits for the poor and middle class,but the rich come on,they need to pay not the poor..




Last edited by moneysense; 03-15-2010 at 09:45 PM.
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