Thursday, March 04, 2010

Some Massachusetts lawmakers pay little or no federal income tax

Some Massachusetts lawmakers pay little or no federal income tax.

"Some state lawmakers living more than 50 miles from the State House are using an unusual loophole that allows them to deduct as much as $311 per day from their federal income tax. Federal tax law allows them to legally deduct up to that amount which, for some, could mean deducting their entire state salary, WCVB reports."

"It's fair because it's the law and that is the federal government's way of helping me cover transportation costs,'' said Sen. Stanley Rosenberg, D-Amherst, who also takes the deduction.

I disagree. It's the law so it's legal, but that doesn't mean it's fair. More details in the article.

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