On Tue, 15 Jun 2010 07:26:52 -0400, "Ed Huntress"
wrote:
snip
When did we start taxing capital or savings in the US,
snip
Its called inflation, and applies to anything that is U.S.
Dollar denominated, with no exceptions, exemptions or
deductions.


-- Unka George (George McDuffee)
...............................
The past is a foreign country;
they do things differently there.
L. P. Hartley (1895-1972), British author.
The Go-Between, Prologue (1953).