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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (79314)	4/11/2000 10:39:00 AM
From: Don Lloyd	Respond to of 132070

Les - <<You could make the same argument to claim that interest income should be to a large extent tax-exempt since much of the interest, if not all with the hokey CPI, is basis the inflation rate. It would probably be better for savings if interest was neither deductible nor taxable.>> All taxes murder savings. All investments except IRAs, etc. are made with after tax income and all purchases are made after goods are stuffed with multiple levels of inherent taxes throughout their production cycle. Regards, Don