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To: Amy J who wrote (26279)12/28/2004 3:54:20 AM
From: Les HRead Replies (2) | Respond to of 306849
 
Bush to delay major tax overhaul

msnbc.msn.com

He's introducing two new savings accounts, where the investment gains are exempt from taxes, in place of IRAs, 401Ks, etc. Sounds like he's abolishing the tax-deductible contributions to those accounts, and may also be looking at a taxable forced conversion to the new accounts like the Republicans last attempted with the Roth IRAs in 98.



To: Amy J who wrote (26279)12/28/2004 11:20:51 AM
From: Jim McMannisRespond to of 306849
 
RE:"What's wrong with enforcing the current ones?"

Its a start.
Maybe it's time to change some of these "incentive to get over the border" laws too.


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