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Politics : Politics for Pros- moderated
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To: John Koligman who wrote (514623)10/17/2012 10:59:51 PM
From: i-node7 Recommendations  Read Replies (1) of 794254
 
>> I'm talking about a situation where I or other traders pay NO tax AT ALL depending on how Romney implements this policy if he gets in.

You do understand that Congress, specifically, the Joint Committee on Taxation, writes the tax law, not Romney or Obama?

And nothing Romney has proposed suggests short term capital gains would be taxed other than as ordinary gains, and in fact, there is no precedent for that in the tax code since the 1920s, other than for one brief period.
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