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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (266758)	1/1/2006 6:03:53 PM
From: Jim McMannis	Read Replies (2) of 1578699

rgemonitor.com WTG, Clinton! "Eight years ago, capital-gains taxes were eliminated for home sellers who had profit of as much as $250,000 (for individuals) or $500,000 (for couples). That has created a vast amount of wealth and helped power a housing boom that has seen prices double or triple in Southern California and other hot markets. Some policymakers and analysts are beginning to wonder whether such breaks are providing the wrong incentives, giving hefty deductions to millionaires buying Beverly Hills estates as well as to speculators snapping up Las Vegas ranch houses, hoping to turn a quick profit."

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