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Income Tax vs. Consumption Tax
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... I stand corrected -- Honk Kong first imposed an income tax in 1947. It has a top rate of 16%, a high personal exemption, and capital gains, dividends, and interest income are not taxed! Certainly not as good as no income tax at all, but a much better system then the one we have here! also check me out on www.facebook.com and twitter.com
...Let me express to you a heart felt thanks for your kindness and helping us with our tax problem. I hope to be able to repay your kindness someday other than just your fee.
I’m a [his occupation] and if anyway I could use my talents to do that just let me know and I would be more than glad to do so.
