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
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
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.
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