On Dec 3, 2009, at 2:12 PM, Austin Franklin wrote:
IF your money collects interest, say it's in a savingsaccount, the interest is taxed. But, not the principal (original money inthe 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." --- Rollei List - Post to rollei_list@xxxxxxxxxxxxx- Subscribe at rollei_list-request@xxxxxxxxxxxxx with 'subscribe' in the subject field OR by logging into www.freelists.org
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