Enron Mail

From:john.arnold@enron.com
To:bill.white@enron.com
Subject:Re: IRS Beers
Cc:
Bcc:
Date:Wed, 31 May 2000 00:34:00 -0700 (PDT)

Stupid taxes




Bill White@ENRON
05/30/2000 04:52 PM
To: John Arnold/HOU/ECT@ECT
cc:
Subject: IRS Beers

Remember we were trying to figure out the difference in return between tax
free investment growth and annually-taxed investment growth? Turns out that
it is different, but over 5 years and a 10% growth rate, it doesn't amount to
much more than the cost of our beer tab. See attached.