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Pastimes : Ask Mohan about the Market

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To: Investor2 who wrote (13781)	2/2/1998 11:08:00 PM
From: Simon	Read Replies (1) of 18056

We get taxed when we make it (income tax), taxed on the interest/dividends/gains when we invest it, and then taxed when we spend it (sales tax)>>>>>>>>>>>>AND of course $ 100 is only worth $94 after inflation (ooops sorry - we don't have inflation any more) do we? I tried to take an "inflation deduction" a few years ago and my cpa didn't even think it was funny. So i changed cpa's. The new guy got a laugh, said it's a hell of an idea, but the irs is going to say "touch s**t." How the hell can they tax U on 5 % interest received when your principle just went down 6%.%#@%&&

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