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To: lewislynn

But all this wealth I have created will continue to grow tax free until I decide to spend it. If it's not in a retirement plan now I get taxed on every component of income which saps the power of compounding earnings.


65 posted on 04/22/2005 7:31:24 AM PDT by rwrcpa1 (April 15. Let's make it just another day.)
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To: rwrcpa1
But all this wealth I have created will continue to grow tax free until I decide to spend it. If it's not in a retirement plan now I get taxed on every component of income which saps the power of compounding earnings.

This is the main attraction of the fair tax to me. I want to continue to create wealth for many more years. I think ll and YN understand that. I don't know why they insist on ignoring that aspect.

68 posted on 04/22/2005 8:17:13 AM PDT by groanup (http://fairtax.org)
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