Message Forum: Re: U.S. Income Tax Loophole

Re: U.S. Income Tax Loophole

Posted By: Sam, on host 24.61.194.240
Date: Tuesday, April 16, 2002, at 09:08:28
In Reply To: Re: U.S. Income Tax Loophole posted by HalfWitt on Tuesday, April 16, 2002, at 01:59:00:

> Okay, you'll all have to pardon my ignorance and lack of witt, but could one VERY dishonest person actually do this, and get the prescribed results?

Yes. But...

> By the by, if this is just a big joke, and I'm not getting it, it's because it's 3:00 am over here. My brain is running on empty...

...it IS a joke. If you do all that, it means you'll have more money withheld from your paycheck for taxes than you need to have withheld, and so you'll get it back in April when you settle up with the government. Basically, all you'd be doing is giving the government an interest-free loan.

Replies To This Message

Re: U.S. Income Tax Loophole - Don the Monkeyman - Tue, 4/16/2002, 16:18:33

Post a Reply

RinkChat Username:
Password:
Email:		(optional)
Subject:
Message:	> > Okay, you'll all have to pardon my ignorance and lack of witt, but could one VERY dishonest person actually do this, and get the prescribed results? > > Yes. But... > > > By the by, if this is just a big joke, and I'm not getting it, it's because it's 3:00 am over here. My brain is running on empty... > > ...it IS a joke. If you do all that, it means you'll have more money withheld from your paycheck for taxes than you need to have withheld, and so you'll get it back in April when you settle up with the government. Basically, all you'd be doing is giving the government an interest-free loan.
Link URL:		(optional)
Link Title:		(optional)

Make sure you read our message forum policy before posting.