JimP, thanks for the help. They were set to 0.



OTPM, thanks for your help, as well. It works, yes, but even before they touch "skin", part of the word starts to disappear. You may have noticed this, but it basically "cuts" the top and bottoms off of each word - the lower the number you choose, the more the word gets cut.

I guess it would be nice if there was some kind of lever that would literally layer them. That way, I'd be able to get them as absolutely close to one another as possible, without having the words overlay.

Hi
There will be a point where characters will overlap and this cannot be avoided. You also need to select a small enough font size to avoid this.
May I ask why you need this functionality? Other than for printing Terms and Conditions on the reverse of a Contract as small as possible for example I cannot understand why you would want this functionality!

The words aren't overlapping, though, the top's are simply being cut off. Like this:



Here's what the words looks with Before and After set to 0:




At the end of the day (though very impractical and time consuming), all I want is was what I can achieve through Photoshop:



As for why I need this option, it's for a mailbox. Not much room for names, and, of course, many names that need to be listed, so I'd like to save as much space as possible.