Subject: Real Estate Exclusion Comment: Tax reform must be fair. Single people are once again being 'singled' out to bear a greater burden of taxes. I have a real problem with your proposal to give a $600,000 real estate tax exclusion fo married couples and not the same for single people. Owning property is no different that owning stock. Both are part of a portfolio of investments. Both requires payment of capital gains. Why sould marital status make a difference on what is excluded from capital gains? It's like saying a company that's run by a single CEO should be taxed differently than one that is run by a married CEO. How is this fair? Single people should be taxed no differently, especially when it comes to investments. |