So essentially we should penalize investment in our economy?

That's what WOULD get people to keep their money in a box under their bed. 

> -----Original Message-----
> From: Nick McClure [mailto:[EMAIL PROTECTED] 
> Sent: Wednesday, January 11, 2006 11:13 AM
> To: CF-Community
> Subject: RE: FairTax (was Re: Next in line to be labelled)
> 
> Actually that was a typo. I'm against it not being taxed.
> 
> I don't think it should be taxed at the same levels as normal income.
> However I think it should be taxed in some way.
> 
> > -----Original Message-----
> > From: Cameron Childress [mailto:[EMAIL PROTECTED]
> > Sent: Wednesday, January 11, 2006 10:47 AM
> > To: CF-Community
> > Subject: Re: FairTax (was Re: Next in line to be labelled)
> > 
> > On 1/11/06, Nick McClure <[EMAIL PROTECTED]> wrote:
> > > I'm not against capital gains, I'm just against it being taxed. I 
> > > don't
> > like
> > > the idea of people hording money. If they spend it, great, but if 
> > > they
> > just
> > > sit on it, then it doesn't help anybody.
> > 
> > The only way someone can "horde" money without putting it back into 
> > the economy is litterally putting it under their mattress.  Stocks, 
> > bonds, even a simple savings account - all put money back into the 
> > economy in one form or another.
> > 
> > I do agree with you, however, that the capital gains tax should be 
> > eliminated.
> > 
> > -Cameron
> > 
> > 
> 
> 

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