Has anyone written their Congressman about a Tax Break?

**Dinarespr** · 03-12-2007, 06:56 PM

Since we have all speculated on the Iraqi Dinar, is it possible that Congress could pass a bill to exempt us from paying CGT (USA)? Meaning, since we supported the economic recovery of Iraq by investing in their country from the get go, could we get a TAX Break?

Is this possible?

**irons** · 03-12-2007, 07:00 PM

Originally Posted by Dinarespr

Since we have all speculated on the Iraqi Dinar, is it possible that Congress could pass a bill to exempt us from paying CGT (USA)? Meaning, since we supported the economic recovery of Iraq by investing in their country from the get go, could we get a TAX Break?

Is this possible?

not with the socialist democrats in charge.they think high taxes lead to prosperity.

**cowpoke** · 03-12-2007, 07:00 PM

Originally Posted by Dinarespr

Is this possible?

Not a chance with the Dems in control now.

**lance** · 03-12-2007, 07:01 PM

Originally Posted by Dinarespr

Since we have all speculated on the Iraqi Dinar, is it possible that Congress could pass a bill to exempt us from paying CGT (USA)? Meaning, since we supported the economic recovery of Iraq by investing in their country from the get go, could we get a TAX Break?

Is this possible?

No, and I am going to suggest that you don't. You are more likely to see them pass a tax increase and be labeled a war profiteer than a patriot. They will look to line their pockets with capital that you and I risked. Shhh!

**cowpoke** · 03-12-2007, 07:05 PM

Originally Posted by lance

No, and I am going to suggest that you don't. You are more likely to see them pass a tax increase and be labeled a war profiteer than a patriot. They will look to line their pockets with capital that you and I risked. Shhh!

Well Said Lance!!

**mcptrman** · 03-12-2007, 07:05 PM

They already gave us a tax break. The capital gains tax was reduced from 35% to 15% if you own the property for more than 1 year. Anything would be a dream at best.

**Lord Dinar** · 03-12-2007, 07:07 PM

Originally Posted by Dinarespr

Since we have all speculated on the Iraqi Dinar, is it possible that Congress could pass a bill to exempt us from paying CGT (USA)? Meaning, since we supported the economic recovery of Iraq by investing in their country from the get go, could we get a TAX Break?

Is this possible?

Shhhh, like a church mouse....

**fatmaninthebathtub** · 03-12-2007, 07:16 PM

Originally Posted by Dinarespr

Since we have all speculated on the Iraqi Dinar, is it possible that Congress could pass a bill to exempt us from paying CGT (USA)? Meaning, since we supported the economic recovery of Iraq by investing in their country from the get go, could we get a TAX Break?

Is this possible?

Im assuming this was meant to be a joke.:lmao::lmao::lmao:

**tmorr37** · 03-12-2007, 07:29 PM

Fairtax.org
Bill HR25
no taxes on gains

**TiredOfWork** · 03-13-2007, 09:34 AM

Originally Posted by lance

No, and I am going to suggest that you don't. You are more likely to see them pass a tax increase and be labeled a war profiteer than a patriot. They will look to line their pockets with capital that you and I risked. Shhh!

Agreed. Besides, like has been stated before, we don't know yet what this will bring. If this were a sure thing, we would have been squeezed out by now. I choose quiet optimism.

**everwiser** · 03-13-2007, 10:02 AM

Originally Posted by tmorr37

Fairtax.org
Bill HR25
no taxes on gains

Ditto...There's what you should call your Congressmen about...

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