Quote:
Originally Posted by Jibartik
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I think they might need to bring back that asset gains tax. Maybe for anyone who has assets over 5 million or something.
If you own a house and have 4.5 million in assets, then buy a sedcond 2 million dollar house, and now have 6.5 million in assets, you'd have to pay taxes as if you gained 1.5 million in capitol gains.
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That is an interesting idea and why I leave it to people actually smarter than me to do these big policy things. The best I can do is say "it's broken".