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To: JDN who wrote (37143)10/29/2000 3:46:41 PM
From: High-Tech East  Read Replies (1) | Respond to of 64865
 
Hi JDN. Last night the 'History Channel' showed, for the first time, a new two-hour documentary on the stock market crash of 1929, called "The Crash." It is excellent, even if it is also an eerie news document. I highly recommend it - I am sure it will be on frequently. It might be the best piece of news journalism that I have seen in years.

I hope we don't have to live through anything like that.

It is on again November 4, for example ...

historychannel.com

Ken Wilson



To: JDN who wrote (37143)10/29/2000 4:19:51 PM
From: QwikSand  Read Replies (2) | Respond to of 64865
 
JDN: We may be the only industrialized nation to tax capital gains, but I think that our income tax in the upper brackets is pretty low compared to most of them. Maybe the rest just lump capital gains into income? Contrary to popular opinion, I don't think the US is one of the more overtaxed nations in the developed world from an individual's point of view.

--QS



To: JDN who wrote (37143)10/29/2000 6:04:57 PM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
I think I read once that South Korea is another. Maybe they've stopped.

Charles Tutt (TM)



To: JDN who wrote (37143)10/30/2000 6:29:48 AM
From: Yaacov  Read Replies (2) | Respond to of 64865
 
To all: It is my understanding that USA is the only industrialized nation to tax capital gains. I have never understood that as generally one buys with aftertax $$ to begin with. sort of like double taxation. Is it time for tea?? JDN

JDN, I have some relatives in Up-State New York. The father
left in inhertance a good size fortune, most stoks of T, IBM, Exxon, INTC, etc. They can't afford to sell the stocks, because the IRS will take all! I wonder how can a man be motivated to work in such system!