Comments on: Tax and Inflation Penalize Savers http://thefinancebuff.com/2007/05/redeemed-may-2002-ee-bonds.html like a friend telling you about money ... Thu, 19 Nov 2009 19:44:17 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Slim999 http://thefinancebuff.com/2007/05/redeemed-may-2002-ee-bonds.html/comment-page-1#comment-184 Slim999 Sat, 07 Jul 2007 05:57:00 +0000 http://blog.thefinancebuff.com/?p=110#comment-184 Come on people ... THIMK!<br/><br/>The government doesn't WANT you to save, that's why they just screwed you over. It's to TEACH YOU A LESSON.<br/><br/>If you save ... then you didn't spend! The economy didn't get better. Politicians begin sweating. You paid no sales taxes on top of the income tax. Your saved money that wasn't spent wasn't then used to pay the cashier, who then pays income taxes on THAT!<br/><br/>If you're wondering why the government is taxing interest earned on saving, then you aren't paying attention.<br/><br/>The government taxes people for doing things the government doesn't want them to do! It's called a "disincentive."<br/><br/>Invest your money ... don't save it (beyond of course, emergencies and your down payment on a home.) Come on people … THIMK!

The government doesn't WANT you to save, that's why they just screwed you over. It's to TEACH YOU A LESSON.

If you save … then you didn't spend! The economy didn't get better. Politicians begin sweating. You paid no sales taxes on top of the income tax. Your saved money that wasn't spent wasn't then used to pay the cashier, who then pays income taxes on THAT!

If you're wondering why the government is taxing interest earned on saving, then you aren't paying attention.

The government taxes people for doing things the government doesn't want them to do! It's called a "disincentive."

Invest your money … don't save it (beyond of course, emergencies and your down payment on a home.)

]]> By: Shadox http://thefinancebuff.com/2007/05/redeemed-may-2002-ee-bonds.html/comment-page-1#comment-141 Shadox Sun, 13 May 2007 08:12:00 +0000 http://blog.thefinancebuff.com/?p=110#comment-141 I agree. Taxing inflationary gains is crazy! I happen to know for a fact that some countries do not tax inflationary gains, and only tax real gains.<br/><br/>It is not a complicated matter, financial institutions handle the reporting behind the scenes, such that it is transparent to the small investor, and is pretty much cheat proof. I agree. Taxing inflationary gains is crazy! I happen to know for a fact that some countries do not tax inflationary gains, and only tax real gains.

It is not a complicated matter, financial institutions handle the reporting behind the scenes, such that it is transparent to the small investor, and is pretty much cheat proof.

]]> By: Ted Valentine http://thefinancebuff.com/2007/05/redeemed-may-2002-ee-bonds.html/comment-page-1#comment-139 Ted Valentine Fri, 11 May 2007 21:03:00 +0000 http://blog.thefinancebuff.com/?p=110#comment-139 Do you think savings rates for people would increase if the government offered a tax deduction equal to inflation on savings earnings? Do you think savings rates for people would increase if the government offered a tax deduction equal to inflation on savings earnings?

]]> By: Jonathan http://thefinancebuff.com/2007/05/redeemed-may-2002-ee-bonds.html/comment-page-1#comment-129 Jonathan Wed, 02 May 2007 22:25:00 +0000 http://blog.thefinancebuff.com/?p=110#comment-129 It's good to be the government. They control the presses, and they tax the results.<br/><br/>To make things fair, I want my cush state job with guaranteed health care and pension during retirement! It's good to be the government. They control the presses, and they tax the results.

To make things fair, I want my cush state job with guaranteed health care and pension during retirement!

]]> By: Robert http://thefinancebuff.com/2007/05/redeemed-may-2002-ee-bonds.html/comment-page-1#comment-124 Robert Tue, 01 May 2007 15:38:00 +0000 http://blog.thefinancebuff.com/?p=110#comment-124 taxing inflation might be wrong, but trying to come up with a fix would probably be worse than the disease. taxing inflation might be wrong, but trying to come up with a fix would probably be worse than the disease.

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