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To: Sonny M
Soros makes alot of money off of currency speculation and arbitrage

I'm curious if he's able to get the 15% max capital gains tax rate on these short term speculations, and if his $750 million income is considered capital gains or taxed as ordinary income. These limousine liberals want to raise taxes on working high income people such as doctors, yet want to keep their very low 15% tax bracket for themselves.

17 posted on 07/20/2004 6:42:44 PM PDT by Reeses
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To: Reeses
Soro's talks out of both sides of his mouth on taxes. I'm sure he has managed to find each and every single way to keep as much money as he's earned as humanly possible.

side note, he is also the man responsible for several financial crisis's over the year, from the bank of england to south east asia.

20 posted on 07/21/2004 3:14:19 PM PDT by Sonny M ("oderint dum metuant")
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