Tax Free Weekend
On 7/26/2019 2:04 PM, Jinx the Minx wrote:
> John Kuthe > wrote:
>> On Friday, July 26, 2019 at 7:12:50 AM UTC-5, Bruce wrote:
>>> On Fri, 26 Jul 2019 05:33:25 -0000 (UTC), Jinx the Minx
>> ...
>>>> Sales tax and income tax are two entirely different things.
>>>
>>> You can say that again.
>>
>> Yep! Income Tax is the tax you pay on all the moneys you earn! And Sales
>> Tax is the taxes you pay on the things you BUY with the money you earn!
>>
>> But I pay NO TAXES on the moneys I INHERITED! Because my father was a
>> very smart man and set up a Living Trust naming my sister as executrix
>> with my full consent because my sister is very honest and fair!
>>
>>
>> John Kuthe...
>>
>
> Its good that your sister was appointed because its clear you dont know
> the difference between €śtax free weekends€ť and tax deductions.
> Furthermore, Id question your knowledge base regarding paying taxes on
> living trusts. Im guessing your father was smart enough to set it up so
> that you get metered disbursements, knowing your proclivity for not
> working, and knowing full well youd blow through it all in short order if
> he hadnt.
>
That sounds like a good assessment of the situation, Jinx.
Jill
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