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The Pankian Metaphor 3046The Pankian Metaphor 3047 the post was trying to actually focus on the evaluation methodology as opposed to specifics ... which I hopefully explained better in the... On Fri, 14 Apr 2006 13:56:23 -0600, Anne & Lynn Wheeler The Pankian Metaphor 3048 On Sat, 15 Apr 2006 17:07:40 -0600, Anne & Lynn Wheeler You were studying something which became the criteria that you were working under? instant headache. It would be almost impossible to decide... I would think that I am arguing from a different direction that you, My point is that as a certain point, fairly low in the income scale, one would be paying more of your income in tax that people higher. Its an immensely complicated situation. For instance here, someone in semi-retirement would have significent funds in bank accounts, where in our situation here tax is deducted before interest is paid, and personal allowances are then claimed against that... in real effect, negative income tax. One recent idea here is to have significent amounts paid into pension funds, which are not taxed at that point, but taxed when availed of. One charity had paid 200,000 euros into the pension fund of its manager, but its annual accounts showed him being paid a modest salary. Now, what would be the situation of our friend William Gates, who would not be in receipt of mbuttive funds, but would hold mbuttive amounts of unsold shares?... I mention W.G. as he strikes me like a man who would be personally honest, but avail of any and all allowances.
-- greymaus Just Another Grumpy Old Man
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