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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: chaz who wrote (7190)	9/28/1999 5:40:00 PM
From: Justin C	Read Replies (1) of 54805

There would be no problem with pre-tax IRAs. The problem would be with after-tax Roth IRAs, ordinary savings accounts and ordinary checking accounts in which after-tax monies have been deposited. When those monies are withdrawn and spent (after the federal sales tax is instated), those expenditures would be subject to the federal sales tax ... hence the double taxation.

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