It's based off the capital gains. Right now--I had one person with a $40,000 house, and the capital gains on that made the difference of his retirement on an annual basis. The question is they have planned nothing----
Mark Souder: “It's based off the capital gains. Right now--I had one person with a $40,000 house, and the capital gains on that made…”
Editor's note · Context
Speaker discusses the impact of capital gains on retirement planning.
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This is a pretty amazing hearing, the party of Andrew Jackson who opposed the national banks not only proposing another national bank.
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