To: Bigun
I read the article and there is nothing in the plans to prevent a re-imposition of the income tax as soon as the Democrats regain control of the government.
What about the double-taxing of my savings? This is a great plan for those in debt as the tax would not be applied to prior debt payments. For those who have savings it is double taxation.
68 posted on
02/08/2003 6:32:43 PM PST by
FreedomCalls
(It's the "Statue of Liberty" not the "Statue of Security.")
To: FreedomCalls
I read the article and there is nothing in the plans to prevent a re-imposition of the income tax as soon as the Democrats regain control of the government.Ah! But there certianly IS something in THIS Bill, currently in the House Ways and Means Committee, which would prevent that!
Check it out!
81 posted on
02/08/2003 6:47:21 PM PST by
Bigun
To: FreedomCalls
I'll bite. What do you mean, double taxing of savings?
109 posted on
02/08/2003 7:18:50 PM PST by
no-s
To: FreedomCalls
For those who have savings it is double taxation.but you wouldn't be paying tax on your interest, and would achieve much greater returns without restrictions on withdrawals.
136 posted on
02/08/2003 7:35:22 PM PST by
templar
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