Re: Date manipulation

docdwarf_at_panix.com
Date: 12/27/03 

Date: 27 Dec 2003 08:33:14 -0500

In article <hvoquv0ri8tnhagbufe40r5bfl0pec3rmv@4ax.com>,
Ian Dalziel <iandalziel@lineone.net> wrote:
>On 26 Dec 2003 18:21:53 -0500, docdwarf@panix.com wrote:
>
>>In article <5ndpuvs9apbu2h66u3s9d0ammq4ho7fhje@4ax.com>,
>>Ian Dalziel <iandalziel@lineone.net> wrote:
>>>On 26 Dec 2003 14:23:56 -0500, docdwarf@panix.com wrote:
>>>
>>>>... and my point is that this is one way of doing it. Another way is to
>>>>say 'here we have a quantity to be applied against the paycheck; is this
>>>>quantity taxable or not? if it is taxable then apply the quantity in a
>>>>fashion which shows taxation, if not then not.'
>>>
>>>You're not listening, are you?
>>
>>I'm trying to... and respond, as well.
>>
>>>Think about it - is it good to apply
>>>the quantity in a way which shows taxation, or is it not?
>>
>>If the status is untaxed then it should be applied as such, either
>>positively or negatively.
>>
>
><sigh> :-)
>
>Sure, but an "untaxed" deduction in that sense effectively comes out
>of TAXED income - if it is paid with no reference to tax, it reduces
>the net payment by its full amount.

And as I stated earlier that is one way to consider a deduction. Another
way to consider it is that a deduction is a portion of income which is
subject to tax calculations, just as certain kinds of income (dividends,
say, or 1099-paid income) are not subject to tax calculations. If the
portion of income which is not subject to tax calculations is to be
subtracted (a deduction) and this portion is a negative amount then the
result is a net addition.

DD

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