USAF Captain
2008-10-10 14:40:47
GRANNY writes:
“If you bought a home for $250,000, sold it for $350,000, you have a $100,000 capital gain. Obama wants $38,000 or more your capital gain profit. Ditto for investment capital gains.”
..especially salient, GRANNY, for those buying stocks or real estate in this down market. The long term capital gains AS SOON AS October 2009 would be crushing and/or might stifle the urge to sell off the purchased assets.
