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