Fact of the Day!Register Today!
- by dmagee Jan 15, '02Fact of the Day!
Without deductions, you pay your expenses with post tax dollars. This means, on average, you will have to earn $1.40 for every dollar of expense. Example: you will have to earn $2,800 to purchase a $2,000 computer. A business only pays the $2,000, as the computer is a business deduction. Apply this to all of your purchases.
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