CMG Holdings Group Inc (CMGO): Your not factoring in short term vs long...

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Re: poincianamike post# 132231

Tuesday, 10/20/2020 7:05:44 PM

Tuesday, October 20, 2020 7:05:44 PM

Your not factoring in short term vs long term capital gains taxes. Short term capital gains taxes are approximately 2.5 times higher than long term capital gains taxes. All you profits went to federal and state taxes.

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