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Crooked Politicians

Re: Crooked Politicians

Speculators make the economy tick, jpb. They invest in businesses that employee people. If the business does good the investor (or speculator, as you call him) makes a profit. If he held the stock for over a year he pays a capital gains tax. If less than a year it is counted as income and he pays according to his income tax bracket.

I'm not all politics. Don't believe me? Read my blog at http://crpurdon.wordpress.com/

KingRat
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