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Old 05-08-2002, 11:13 PM   #1
Nic Name
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Join Date: Dec 2001
Location: Toronto, Canada
Posts: 1,930
Go ahead, pull my finger.



Prime Minister Jean Chrétien, middle, listens to his Spanish counterpart Jose Maria Aznar, left, and European Union Commission President Romani Prodi of Italy in front of Toledo's cathedral on Wednesday. Mr. Chrétien and Mr. Prodi are in Spain for a Canada-European Union summit.

Photo: Denis Doyle/AP
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All the big corporations depreciate their possessions, and you can, too, provided you use them for business purposes. For example, if you subscribe to the Wall Street Journal, a business-related newspaper, you can deduct the cost of your house, because, in the words of U.S. Supreme Court Chief Justice Warren Burger in a landmark 1979 tax decision: "Where else are you going to read the paper? Outside? What if it rains?"
- Dave Barry, "Sweating Out Taxes"

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