They help the economy by giving the bank money to lend and to invest further.
CDs and Money Markets don't just sit there. The bank uses that capitol. > -----Original Message----- > From: Nick McClure [mailto:[EMAIL PROTECTED] > Sent: Wednesday, January 11, 2006 10:29 AM > To: CF-Community > Subject: RE: FairTax (was Re: Next in line to be labelled) > > Not the type of investment I'm talking about. I'm talking > about the kind that sit in money market accounts or CDs. > These don't help the economy, unless they get taxed. > > I like the idea of a sales tax over an income tax, it could > simplify things. > Of course after you factor in various exemptions, and other > things it will still be complicated. > > Do we charge everybody the same at the store and then they > get money back later? I would hate that, if I don't owe it, > then don't ask me for it. Same way I do my income tax now. I > don't overpay, so the government doesn't get to draw interest > on my money, I get to draw it. > > Do we step the tax level at the checkout, do we all have some > sort of card that determines what type of exemptions we get, > allowing the person doing the checkout to know how much money > everybody makes? > > > -----Original Message----- > > From: Tim Heald [mailto:[EMAIL PROTECTED] > > Sent: Wednesday, January 11, 2006 10:21 AM > > To: CF-Community > > Subject: RE: FairTax (was Re: Next in line to be labelled) > > > > I couldn't agree more. Investments are what power > innovation in our > > economy. > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:191615 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
