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They allow the owner to invest in shares, bonds and cash, and accrue interest, dividends and capital returns, without paying any further income or capital gains tax.
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There are a variety of methods on the table, including directing those gasahol taxes into the Highway Trust Fund, letting the Highway Trust Fund accrue interest and increasing taxes on fuels.
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Demos will accrue 4% interest until redeemed, and the redemption of demos will have the first claim on our primary budget surpluses, when they start to occur.
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In effect, the financing arrangement allowed for no interest to accrue on certain furniture purchases financed through charges to a credit card issued to petitioner by a certain credit card company if the charges were completely paid by certain specified dates.
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Mr Ewing said some of these loans charged interest that could accrue at a rate of up to 4, 000% APR.
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When borrowers return to paying these loans they often face a bigger balance than when they started, since interest on many federal loans continues to accrue.
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Perkins loans carry a low, fixed interest rate of 5%, which doesn't begin to accrue until nine months after the student graduates.
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