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To: lewislynn
Most, not all. Money saved/invested that isn't deferred would be taxed twice.

If the total of that savings in under the poverty level or you buy a house or used car, you won't.

You are being taxed more than twice now.

59 posted on 08/22/2004 8:35:00 AM PDT by smokeyb
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To: smokeyb
If the total of that savings in under the poverty level

Generaly people with after tax savings aren't below the poverty level.

You sales tax shills speak out of both sides of your mouth. On the one hand you say it will help the economy, move business back to this country, create jobs , blah, blah, blah, on the other you're encouraging people to buy used to avoid your exorbitant tax...

61 posted on 08/22/2004 9:36:50 AM PDT by lewislynn (Why do the same people who think "free trade" is the answer also want less foreign oil dependence?)
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