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To: GregoryFul
And then you get to pay taxes on the "gain" in price brought about by inflation, a predictable result of government policy.

Since 1997, a married couple can earn $500,000 in capital gains tax free on a house.

406 posted on 02/04/2006 4:30:20 PM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Toddsterpatriot

Ya, tell that to the state govenrments!


417 posted on 02/04/2006 5:06:38 PM PST by GregoryFul
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