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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Mike Johnston who wrote (25023)11/4/2004 10:31:19 PM
From: Jim McMannisRead Replies (1) of 306849
 
RE:"Why not just make all savings accounts tax free?"

They already did...they don't pay enough to have to pay much tax.

You can get $500k tax free out of a house every two years. Why save?

In reality the tax code needs a major overhaul.
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