Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site fortune.UUCP Path: utzoo!watmath!clyde!burl!we13!ihnp4!fortune!mbr From: mbr@fortune.UUCP Newsgroups: net.taxes Subject: Re: Taxes on salaries received while on - (nf) Message-ID: <2985@fortune.UUCP> Date: Fri, 6-Apr-84 23:06:14 EST Article-I.D.: fortune.2985 Posted: Fri Apr 6 23:06:14 1984 Date-Received: Sun, 8-Apr-84 01:14:52 EST Sender: notes@fortune.UUCP Organization: Fortune Systems, Redwood City, CA Lines: 12 #R:u1100a:-59700:fortune:15800005:000:419 fortune!mbr Apr 6 17:46:00 1984 A recent article in US News & World Report stated that one of the proposals for reducing the deficit involves changing the conditions under which you can use income averaging, so that it is much more difficult to qualify for. I believe the proposal was to change the averaging period from 5 to 4 years, and change the income increase threshold from 120% to 140%. {ihnp4,ucbvax!amd70,hpda,sri-unix,harpo}!fortune!mbr