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From: lmg@houxb.UUCP (L.M.Geary)
Newsgroups: net.taxes
Subject: Re: tax avoidance vs tax evasion
Message-ID: <234@houxb.UUCP>
Date: Mon, 14-Nov-83 22:55:38 EST
Article-I.D.: houxb.234
Posted: Mon Nov 14 22:55:38 1983
Date-Received: Tue, 15-Nov-83 20:47:16 EST
References: cbscd5.1000 utah-gr.987
Lines: 13

#
	Congress did NOT pass a bill to reduce the capital gains
	holding period to 6 months. One of the Senate committees
	(Finance?) passed it, but it has yet to go to the full
	Senate or House. The bill also has a provision which
	reduces the amount of capital loss which can be deducted
	from current income from $3000 to $1000, which means
	HIGHER taxes for those of us who didn't do so well in
	the market.

					Larry Geary
					AT&T Information Systems
					Holmdel, NJ ...houxb!lmg