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To: Les H who wrote (32574)2/6/1999 9:23:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 67261
 
t's ridiculous to have a tax code that discourages savings and investment and encourages consumption.

We have IRAs that are tax-deductible for many people and 401(K)s into which people can put (and avoid paying any tax on) as much as $10,000 every year.