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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Elroy Jetson who wrote (10586)5/3/2003 10:22:07 PM
From: Les HRead Replies (1) of 306849
 
An excise tax on imported goods and services would be an equitable means to pay for the deployment of forces overseas to protect access to vital markets. as for capital gains on residential real estate, give people a choice of writing off mortgage interest and property tax or of excluding the capital gains from the income tax, but not have both. the world war 2 generation seems to think the world owes them at every turn with recent enactments of the age 55 $ 125,000 capital gains exclusion law and the 97 capital gains exemption law, as well as earlier generous bumps in the social security benefits, sometimes 20 percent in a single year.
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