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Why is the capital gains tax rate so low?
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Evans, Marv
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Join Date: Jan 2001
Location: So. Cal.
Posts: 9,168
I can say capital gains taxes certainly don't feel low if you sell some income property outright. In Kalifornia the federal tax and State taxes amount to 24.3%.
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Marv Evans
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12-10-2010, 08:34 AM
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