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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (219014)2/12/2005 9:20:51 PM
From: Alighieri  Read Replies (1) of 1575077
 
The cap gain tax break on the sale of you primary residence costs the government $23 billion a year in lost tax revenues. Lay that out over the 7 years it's been in effect and that's a cool $161 billion added to the government deficit.
Who signed this tax break? CLINTON!


What a dumb cluck of a post...Clinton passed an entire tax package that brough the budget to balance, and you focus on one item out of context.

Al
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