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To: muawiyah

Taxes on capital gains are income taxes - not ordinary income but capital gains income.


121 posted on 09/17/2012 7:40:59 PM PDT by p. henry
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To: p. henry
But the rates are different as are the deductions and exemptions ~ and every other thing.

Did you realize that if we as individuals were taxed only only on our profit or gain we'd probably not owe anything!

144 posted on 09/17/2012 7:45:05 PM PDT by muawiyah
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