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Politics : Sioux Nation
DJT 13.87+1.5%Jan 16 9:30 AM EST
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To: Oblivious who wrote (80621)9/29/2006 4:43:28 AM
From: Wharf Rat  Read Replies (1) of 362361
 
No, it wasn't. My folks paid 42,500 for a house in '55. The money used to pay off the mortgage was taxed. (And property taxes; that's it). Now it's worth about 4 mil. Only 42.5K of that wealth had any taxes paid on it.
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