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To: Lazarus_Long who wrote (14300)6/6/2002 6:07:44 PM
From: jttmab  Respond to of 21057
 
And you said wealth is only accumulated through tax deferment.

No, I didn't say that. Try reading it again.

. So: If there is no tax deferment, then logically there can be no wealth.

There's no logic in that statement.

Alternatively, wealth is almost always accumulated by tax deferred mechanisms.
OK, you said "almost always. So the vast increase in US wealth since the passage of the income tax is almost entirely due to that tax? Is this your story?


Gee, you can't even keep your quotes straight in the same post. Maybe what your doing in this post is arguing with yourself and I was addressed inadvertently.

jttmab

jttmab