Re: Wealth and the Art of Avoiding Taxes

quoth Allan Sandfeld Jensen:

| Money is _always_ "double taxed". Some people seems to have a
| problem with the fact, but the very nature of money and taxation
| means that money is taxed again and again. There is no such thing
| as new un-taxed money, they are taxed every time they change hands
| (income, sales) and sometimes when they just spend too much time in
| the same hands, so why not on inheritence?

congratulations! you have introduced the most powerful argument there 
is for reduction of taxes. money is a flow, not a store, of wealth, 
and taxation diminishes the flow and encourages it to become a store, 
which is harmful to the economy, which is governed by the velocity of 
the flow.
-- 
dep

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