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Old 07-23-2002, 03:41 PM  
Mako8888
Registered User
 
Join Date: May 2002
Posts: 9
They should be taxed, but not at the current 28% level (Fed + State).

About half that figure would be right, so 14% should be the rate.

It's funny that in this country we have a ZERO percent capital gain tax rate on profits recieved from your home, as long as you take the money and invest it in another house (primary residence) within 12 months.

Proof to the democrats that taxation DOES hinder economic growth, and in this case of ZERO TAXES, spurs tremendous growth.
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