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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Ish who wrote (72473)1/17/2000 8:06:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 108807
 
Ish - there is no tax on selling a home. Its a freebie windfall, not like stock options which are taxed as income.

Look, the problem is that the current group of recipients paid nothing into a system and wants a 10-bagger out. My age group is paying a 10-bagger in with nothing out. This is not fair, unless a case can be made that the windfall recipients are somehow much worse off than the gen-xers. They are not. I am not saying the gen-xers deserve your welfare, I am saying that you don't deserve theirs - thats all.