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Re: Penny59 post# 89339

Wednesday, 08/25/2010 9:49:48 AM

Wednesday, August 25, 2010 9:49:48 AM

Post# of 233823
Sorry for my poor explanantion, but since short term capital gains are taxed as ordinary income I don't generally consider them capital gains even though technically they are. It's just my own internal metric to differentiate from long-term capital gains taxed at 15-20% and short-term capital gains taxed as ordinary income. My bad.
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