The Texas populist take on the tax cut

[Max B. Sawicky]

correctamundo.  in that case in effect
the gov is paying you to save money.

And penalizing you if you don't save.

mbs

-----Original Message-----
From: owner-lbo-talk at lists.panix.com
[mailto:owner-lbo-talk at lists.panix.com]On Behalf Of Jordan Hayes
Sent: Friday, January 10, 2003 12:58 PM
To: lbo-talk at lists.panix.com
Subject: Re: The Texas populist take on the tax cut


> The tax on distributions from the funds is
> offset by the deduction on contributions.

Not only that, but it's projected that you'll draw on them when you're
in a lower tax bracket than when you contributed to them, so it's an
even better deal.