investment income should be taxed the same as ordinary earned income under the alternative systemNo word yet on whether the Schulzberger family wants to give up those complicated trusts that shield investment income.New York Times.
Tuesday, May 31, 2005
NYT editorial calls for higher taxes
No real suprise here.A NYT editorial is upset at the ATM which hurts many in the high tax state of New York.Their solution isn't repeal but "adjustments".Also