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To: John Koligman who wrote (9366)11/23/1997 3:52:00 AM
From: ed  Respond to of 97611
 
No capital gain tax (for gain from the stock market), and 0.15% transation tax each way(buy/sell).So, people have a lot of money to consume to keep the economy moving dynamically.The same thing in Hong Kong.Probablly this is the reason that people in Taiwan and Hong Kong
are much richer than what we think in the west!!!!