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View Diary: It's NEVER a Good Time to Tax the Rich (11 comments)

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  •  periodic payments from swap contracts (2+ / 0-)
    Recommended by:
    VClib, JeffW

    are ordinary income, too.  I guess that's because only little people are writing and buying swap contracts. (there are lots of other classes of investment income taxed as ordinary income,FTR)

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