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cheaplaf

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cheaplaf

Re: Uga post# 79292

Monday, 09/18/2006 1:43:30 PM

Monday, September 18, 2006 1:43:30 PM

Post# of 311057

Once this does hit, we will need some expert advice from some on this board as to tax $$ short term vs. long term.

It is my understanding, if you hold less than a year the tax on capital gains is 28%, 1 year plus = 15%.

Does any one know if this is correct?
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