06-18-2008, 02:41 AM
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Reason Czar
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Join Date: Mar 2008
Userid: 584 Location: Tucson
Age: 36
Posts: 1,956
Rep Power: 2
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Quote:
Originally Posted by Space_Coyote
How's this then?
First $20k, non-taxable, period, no strings. After that, 10% tax on the excess. I lived on less than $20k in college while being taxed, it's not fun, but it's do-able, so tax-free should be a lot easier. How's that sound?
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That might work. I'd like to tie it to something like the national average, or sometthing that slides over time, because $20K won't be the same in 50 years.
Not a bad idea, though.
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