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01/06/2014, 10:56
... Collected 1792 18 14 1866 1 900 1918 1932 1 941 1 944 1965 19 80 19 90 200 1 200 2 $ 208 , 943 $3,882 ,48 2 $3 10, 1 20 ,44 8 $295,316, 108 $3,698,955,821 $1,557,729, 04 3 $7,3 70, 108 ,378 $ 40 ,121,7 60, 232 $1 14, 4 34, 633,721 ... tax State taxes Contributions $4, 900 6, 200 5, 900 3 ,00 0 $7 ,00 0 7, 700 5, 900 3 ,00 0 Total deductions $ 20, 000 $23, 600 Total increase in itemized deductions: $3, 600 Events That Shaped the IRS Personality ... before depreciation Depreciation (building cost—$8 90, 000 ) (27.5 years write-off) Net income $1 60, 000 63 ,00 0 25 ,00 0 39 ,00 0 127 ,00 0 33 ,00 0 32,3 60 $ 6 40 This is a tax shelter in its simplest form The...