To: afraidfortherepublic
Wait til he realizes his 1000 percent profit on the sale of the Bucks . . . maybe he'll sing a different tune . . . but probably not.
To: WIladyconservative; afraidfortherepublic
Wait til he realizes his 1000 percent profit on the sale of the Bucks . . . maybe he'll sing a different tune . . . but probably not. Nobody's Senator Kohl already has a 50% tax cut on that (thanks to those EEEEEEEEE-VILLLLL Republicans); very-long-term capital gains (on investment vehicles held more than 5 years) top out at 18% (those in the 10/15% bracket pay 8%), compared to 20% for those held 1-5 years (those in the 10/15% bracket pay 10%) and normal confiscatory rates for "short-term" (held less than a year) capital gains.
19 posted on
01/27/2003 7:30:21 AM PST by
steveegg
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