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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (53509)7/17/2006 10:13:09 PM
From: Jim McMannis  Read Replies (1) of 116555
 
So do you think they should eliminate the "up to 500k tax free gain on the sale of a primary residence"?

Prolly bring in another 50 billion (or would have).

Perhaps they will eliminate it in lieu of allowing a capital loss on the sale of a house.
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