Tearex -- capital gains rates would apply only to profitable sales of (interests in) assets/investments -- an occasional thing that would not cover rental and other operating income produced by (interests in) assets/investments he owns, which would certainly at least appear to be the source of the bulk of his income -- for more, see in particular the first item (linked) in http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124512777
Greensburg, KS - 5/4/07
"Eternal vigilance is the price of Liberty." from John Philpot Curran, Speech upon the Right of Election, 1790
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