[rollei_list] Re: OT Estate Tex (was Re: Copyright Law)

  • From: Aaron Reece <oboeaaron@xxxxxxx>
  • To: rollei_list@xxxxxxxxxxxxx
  • Date: Thu, 03 Dec 2009 15:55:30 -0500

On Dec 3, 2009, at 2:12 PM, Austin Franklin wrote:

IF your money collects interest, say it's in a savings
account, the interest is taxed. But, not the principal (original money in
the account).

Minor point here, some economists consider the inflation that results from an expansionist monetary policy to be a hidden tax on cash savings - including principal.

Best wishes,
Aaron
a/k/a "Estate Tex"
"Y'all can tax mah six shooters when you pry 'em from my etc. etc."
---
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