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View Diary: Not even Republicans believe that Americans want smaller government (62 comments)

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  •  But I can see allowing a certain amount (1+ / 0-)
    Recommended by:
    Smoh

    Of cap gains to be excluded. Maybe a few thousand. It would encourage investment by middle income people. Those who have a small amount they can play with, or who get small stock options, wouldn't have to worry about getting zapped at the end of the year.

    But after you subtract that amount, the rest gets taxed like any other income.

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