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03/14/2005: Bryan at Why Now?...
has a pretty good post explaining why the "double taxation" argument against taxation of investment income is pretty specious. Basically, a lot of times we have taxation on taxation involved in the administration of the sales tax, and you never hear folks complaining about that. Well, you never heare those folks who rely on investments for their income complain about that, at any rate.
Len on 03.14.05 @ 01:01 PM CST
