FairTax, doom, and net-net
jbone at deepfile.com
Thu Apr 10 14:44:56 PDT 2003
James, for one I totally agree with you.
Another particularly nasty bit of SEC madness is Rule 144. Another
nasty bit of IRS madness is AMT. These things can combine in extremely
unholy ways. ;-) :-)
All in all, we'd be better off if *either* the IRS just gave up on
trying to collect on non-real gains, *OR* if the IRS would drop the
whole silly "qualified investor" nonsense. It's just more BS paternal
gov't crap, protecting people from themselves...
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