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Subject:  Re: Is your 401(k) Inadequate For Retirement Date:  8/4/2008  2:23 PM
Author:  SirTas Number:  13800 of 19738

The whole "double taxation" is a charade, a farce perpetrated by the haves against the have-nots.

The whole idea of "double taxation" has always struck me as odd too. Imagine if you went to a store and tried to buy goods tax-free with your pay -- because after all that money was already taxed, and to tax it again would be "double taxation."

The only possible comeback on the part of the stockholders I can see is that they are the owners of the corporation and so it's their money. (Corporate) tax was already paid when the money came