David,
> Interest is a distribution of income, not a source of income. > Investments are not a source of income either Okay, I understand that. Taxing these would mean multiple taxation. Of course, (I already said) the taxable income must not included income that was already taxed. > Property is a source of economic rent and economic interest. Right, and I said I would added the rent to the total income. > In this way a property is assessed according to its value, rather than the > manner in which that value is received or enjoyed. It also eliminates the > need to account for rent, outgoings, capital gains and depreciation. But this would mean to evaluate each property... and thus complicate the system. If the rent is added to the income, the tax is simply paid to the total. I see that you include individual properties here, but I don't agree to pay tax on it since I live there, I don't make money out of it. P.S. Funny thing, I was also born on May 24-th (1974)! Regards, George Hara ------------------------------------------------------- Xnet scaneaza automat toate mesajele impotriva virusilor folosind RAV AntiVirus. Xnet automatically scans all messages for viruses using RAV AntiVirus. Nota: RAV AntiVirus poate sa nu detecteze toti virusii noi sau toate variantele lor. Va rugam sa luati in considerare ca exista un risc de fiecare data cand deschideti fisiere atasate si ca MobiFon nu este responsabila pentru nici un prejudiciu cauzat de virusi. Disclaimer: RAV AntiVirus may not be able to detect all new viruses and variants. Please be aware that there is a risk involved whenever opening e-mail attachments to your computer and that MobiFon is not responsible for any damages caused by viruses. --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
