Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: BikerNYC
That's ridiculous. I don't want to spend it now, I want to spend it upon retirement. Without exempting savings on which I have already paid income taxes, the NRST should go nowhere.

To my knowledge, there is no such exemption in the FairTax. And I understand that issue. However, I disagree that it should go "nowhere". However, I think the FairTax would benefit if that issue were addressed. What would you recommend?

459 posted on 01/31/2005 10:47:44 AM PST by OHelix
[ Post Reply | Private Reply | To 406 | View Replies ]


To: OHelix
What would you recommend?

The spending of all funds from whatever source saved or invested with after-(income) tax dollars should be exempt from NRST.
467 posted on 01/31/2005 10:52:42 AM PST by BikerNYC
[ Post Reply | Private Reply | To 459 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson