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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Monday, June 13, 2011
Why Hold Bonds in Tax Protected Accounts and Stocks Outside Them?
"Bond coupons are taxed as ordinary income. Stock dividends are taxed more lightly."
-- Brett Arends, here, on a completely different topic.