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Article #88

Re: Income tax repealed...maybe...

#88
From: Tony Porczyk
Date: Wed, 26 Jun 1996 00:00
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fred_s@netcom.com (Frederick Scott) writes:

>tporczyk@netcom.com (Tony Porczyk) writes: 

>>b. Allow individuals to save money by adjusting their capital spending
>Huh?  Income tax doesn't tax savings.  Only income from savings, like every
>other sort of income.  Capital gains is even given a break, sometimes.

I am talking about the ability to save the money that government
wastes and using it for a down-payment on a home, for example.  By not
making large purchases, one could adjust his rate of taxation, and,
hence, savings.

t.
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Tony Porczyk     *     tporczyk@netcom.com     *     San Jose,  California
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From: tporczyk@netcom.com (Tony Porczyk)
Subject: Re: Income tax repealed...maybe...
Date: 1996/06/26
Message-ID: <tporczykDtLIxC.KFy@netcom.com>
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