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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (17395)2/17/2004 4:39:22 AM
From: OblomovRead Replies (1) of 306849
 
For investors, as opposed to those who post on SI (Situationist International), the tax cuts have been an unalloyed good. Prior to 1986, the tax rate on capital gains was lower than the highest marginal rates on wage income. With the 2002 and 2003 tax cuts, many tax disincentives for business investment have been removed.

How is this a bad thing? My definition of a "failed administration" would be one that allowed the tax rates to go back up--- ON ANYONE.
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