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To: Wayners who wrote (628403)9/19/2004 11:25:56 PM
From: Enam Luf  Respond to of 769670
 
you are confusing the issue wayne. taxes on income and investments are two separte things. you also need to account for legal deductions such as charitable donations.



To: Wayners who wrote (628403)9/19/2004 11:29:20 PM
From: Enam Luf  Respond to of 769670
 
capital gains taxes will be much harder to increase once lowered. The investment community would weigh in heavily. the net result of creating inefficiencies in the capital markets would simply be that the money would be moved elsewhere.

the estate tax is a better place to start, imho.