Re: [SLUG] tax, damn them

[Rick Welykochy <rick@nospam.praxis.com.au>]

On Thu, 1 Jun 2000, DaZZa wrote:

> > Naturally, you need to support the gates hegemony to use it. No option is
> > supplied. No unix, no mac, nothing. I wonder if they will pay for a
> > computer for me to run it?
> 
> They will. Buy a new computer now, and then it's a total tax deduction -
> provided you buy it before june 30.

What, you cannot depreciate computer equipment in the
New Improved Tax System?

> Mind you, a tax _deduction_ doesn't cover the cost of the machine - at
> beast it half covers it - but it's better than nothing.

Currently, you can depreciate your computer equipment at 33%/year
for three years. I doubt this will change, but, as in the words of
a GST guru:

"Remember, this is new tax legislation. YOU CANNOT USE LOGIC"



--
Rick Welykochy || Praxis Services


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