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To: Cecily

Then plenty of people should understand the difference between short term and long term cap gains, the real estate exemption on cap gains (500k per couple for the sale of their home) and the difference in how it is applied to those of us who work for living (i.e it barely does) compared to those who trade paper for a living.

Bill Gates should propose a change in how “short term” vs “long term” is defined. Currently “short term” is 1 year, where actual income rates apply.

I would like to see investors keep their money in investments, rather then flip, profit, flip profit, inflating asset bubbles even further.


58 posted on 05/02/2016 10:22:11 AM PDT by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
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To: MadIsh32
"Maybe because I am in the tech industry, but my experience is far different from yours. Entrepreneurs are worshiped rock stars, in particular amongst the young. Musk, Zuckerberg, Jobs, Sean Parker. Admired stars, not vilified."

Wow, all of them neatly neurotics or outright psychopaths. You rock on, Radish!

72 posted on 05/02/2016 6:15:04 PM PDT by StAnDeliver ("Too bad your overhauled unicorn start-up failed, Ted.")
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To: MadIsh32
"I give NC 1 month before the law is either repealed or changed. McCrory and the legislature will not risk making this many employers angry." - MadIsh32, 3/25/16

Give me your Derby pick so I can bet against it with both hands. Or better yet, just f*****g get lost.

73 posted on 05/02/2016 6:52:11 PM PDT by StAnDeliver ("Too bad your overhauled unicorn start-up failed, Ted.")
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