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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (23250)9/29/2000 5:17:31 PM
From: Les H  Read Replies (2) of 436258
 
The Bond Boob said that Personal Savings Rate is understated since Cap Gains is not included but Cap Gains taxes are taken out. Noone had taken to splain to her that cap gains are the result of after-tax savings, debt, and foreign capital so that one would be at best be double-counting savings and at worst counting somebody else's money as savings. This should not be a problem for the BLS.
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