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#2
02-20-2012, 06:01 PM
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#3
02-20-2012, 06:10 PM
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Reason for tax treatment
The policy reasons for taxing collectibles at 28% versus 15% for stocks or other business investments is that the latter are seen as investments in growing the economy. The policy makers in Congress do not believe art, baseball cards, coins deserve the best rate because they do not grow or multiply economic activity.
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