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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (704834)	9/29/2005 1:50:29 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

"one would have to tax the proceeds of a bond sale as income. Likewise you would have to tax the proceeds from the redemption of a bond as income." Only if a real return is realized from the investment. PS --- I'm in favor of adjusting nominal returns for inflation, so that only REAL netted returns are recognized as profits. The same should be so for income tax brackets, so that 'bracket creep' doesn't allow inflation to become the politicians favorite tax --- as it is right now. Of course, under a flat rate system... there would only be ONE tax rate.