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To: Raycpa
The wealthy do not pay capital gains tax.

Huh?!?!?!?

25 posted on 01/18/2015 5:14:32 AM PST by catfish1957 (Everything I needed to know about Islam was written on 11 Sep 2001)
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To: catfish1957

If you don’t sell your stocks and properties you don’t generate capital gains, so no tax. Personally I find high tax rates to be a disincentive
to sell my investments and buy others . So I sit on them . The net effect is reduced economic activity and no taxes incurred. I’m sure I am among millions making similar decisions to forego taking gains att


42 posted on 01/18/2015 7:41:54 AM PST by silverleaf (Age takes a toll: Please have exact change)
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To: catfish1957

There is no capital gain tax when there is no sale.


50 posted on 01/18/2015 1:56:59 PM PST by Raycpa
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