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Politics : Ask Michael Burke
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To: Amir Shalit who wrote (97041)7/26/2002 1:46:36 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Amir, non-taxable accounts are the fastest growing, but taxable accounts are still larger. Plus, non-taxable accounts are not non-taxable. They are just later taxable. My guess is that by the time the boomer bulge is ready to retire, we'll go back to 70% rates on "non-earned income."
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