Publisher's Synopsis
Excerpt from Tax Issues Impacting Small Business: Hearing Before the Committee on Small Business, United States Senate, One Hundred Fourth Congress, First Session, September 19 and 20, 1995
Second, it would reduce the maximum corporate capital gains tax rate to 25 percent. Third, taxpayers who are unfortunate enough to sustain losses on the sales of their personal residences would be able to deduct those losses as capital losses. Under current law, we tax gains on homes but we do not allow deductions for losses, and that is just plain unfair. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
