FairTax, doom, and net-net

Jeff Bone 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...

$0.02,

jb



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