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jeffatkins writes (in part):

Re-taxing money that has been fully taxed previously is immoral.

I reply:

That's an unfortunate view, because I believe it's impossible to avoid. Because money continues to circulate in our economy, I can't think of any way at all to levy taxes without taxing it many, many times. Am I misunderstanding your point?

As to your remaining points, it appears that we must agree to disagree. Finally, to style your posts, check out http://www.fool.com/community/foolboards/bells.htm#Styling . --Bob
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