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Old 04-15-2010 | 08:14 AM
  #34587  
Scoop
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Joined: Dec 2007
Posts: 7,263
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From: DAL 330
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Originally Posted by dragon
PG, After sending my Uncle Sam a check this week, I want to do whatever I can to shelter my $$. If we can get a small bump in pay but get maxed out on the 415 limits, that's a good thing. Hide the money from the taxman now but show it to him later when we are in a presumably lower tax bracket!

Of course, I could be over simplifying YMMV.
There will be no tax brackets in the future - the government will just take it all, and in an act of great benevolence will "issue" everyone a living allowance.

Scoop