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To: 444Flyer

Sharia says there will be no interest. Does that mean that sharia followers won’t be TAXED on the interest that they DON’T receive on their sharia-compliant savings accounts that pay them interest but which is not called interest?


10 posted on 06/25/2010 11:19:01 AM PDT by Leftism is Mentally Deranged (liberalism: severe deterioration of the thinking apparattus)
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To: Leftism is Mentally Deranged

I don’t know about you people, but I know WAY TOO MANY arabic words now.


15 posted on 06/25/2010 11:23:50 AM PDT by Celerity
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To: Leftism is Mentally Deranged
Sharia says there will be no interest. Does that mean that sharia followers won’t be TAXED on the interest that they DON’T receive on their sharia-compliant savings accounts that pay them interest but which is not called interest?

Not to worry. The IRS will classify their income appropriately and tax them on it.

Meanwhile, the infidels will be deducting the interest they pay on their mortgages, a break not available to observant Mooselimbs. LOL!

51 posted on 06/25/2010 11:00:40 PM PDT by cynwoody
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