Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: notesfiles - hp 1.2 08/01/83; site hp-pcd.UUCP Path: utzoo!utcs!lsuc!pesnta!hplabs!hp-pcd!john From: john@hp-pcd.UUCP (john) Newsgroups: net.taxes Subject: Re: New Income Averaging form question Message-ID: <53400011@hp-pcd.UUCP> Date: Sat, 9-Feb-85 12:11:00 EST Article-I.D.: hp-pcd.53400011 Posted: Sat Feb 9 12:11:00 1985 Date-Received: Thu, 21-Feb-85 02:55:30 EST References: <280@panda.UUCP> Organization: Hewlett-Packard - Corvallis, OR Lines: 12 Nf-ID: #R:panda:-28000:hp-pcd:53400011:000:469 Nf-From: hp-pcd!john Feb 12 09:11:00 1985 <<< Someone at the IRS must have realized that inflation helps anyone who income averages and helps offset "Bracket Creep". Since they had to give that up and start adjusting the tax rates for inflation they must have needed to get the money back somehow. What irks me is that 4 years ago I was in school and had some really nice low income years to average in with my current income. Now Poof! its gone in the stroke to a pen. John Eaton !hplabs!hp-pcd!john