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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (9370)1/20/2006 5:09:37 PM
From: TimF  Respond to of 541358
 
Dump the $250K/500K capital gains exemption for selling your house.

Might be a good idea even if it would hurt me personally. I would support it as part of a broad based reform, but I'm not sure I would support it all by itself.

And don't let anyone touch the Social Security surplus. Invest the damn money for the future like the law says. Another dumb idea from the late 1990's if I recall correctly.

The law says it has to be invested in federal bonds. To actually invest it you would have to change the law.

If you have a surplus those bonds would pay back the regular treasury debt. If you ever got in to a situation where the debt was paid off you would probably have to change the law, but that might not be something we have to worry about.

Tim