Last year, I made about $25,000, and I’m still living under the tax line.
I could have brought in a little more.
This year I’m going to try to get myself one of those newfangled high-deductible health insurance plans that qualify for tax-free health savings accounts.
That’ll allow me to bring in another couple of thousand dollars, tax-free.
I’m no brave pioneer living off the land or squatting in an abandoned building — I rent a room in a flat and do my hunting and gathering at neighborhood markets.
Matthew Yglesias points out that the White House press office’s transcript of Secretary of State Colin Powell’s U.N. Security Council testimony about Iraq’s weapons of mass destruction “has the text running under a banner reading ‘Iraq: Denial and Deception.’
A refreshing dose of candor in an unintended kind of way.”
This was the testimony in which Powell set out the evidence the Bush administration had for Iraq’s continuing chemical, biological and nuclear weapons threat, and is famous for statements like:
“Our conservative estimate is that Iraq today has a stockpile of between 100 and 500 tons of chemical weapons agent.
That is enough agent to fill 16,000 battlefield rockets.
Even the low end of 100 tons of agent would enable Saddam Hussein to cause mass casualties across more than 100 square miles of territory, an area nearly 5 times the size of Manhattan.
Let me remind you that, of the 122 millimeter chemical warheads, that the U.N. inspectors found recently, this discovery could very well be, as has been noted, the tip of the submerged iceberg.
The question before us, all my friends, is when will we see the rest of the submerged iceberg?”
And the answer, all my friends, is “when pigs fly.”
Apparently they’re not talking about a sneaky way to cheat on your taxes, but about something called Charitable Lead Trusts that are completely above-board.
Naturally, a tax dodge this good is mostly for the fairly wealthy, but if that’s your bracket this might be your racket.