China Wood, Inc (fka CNWD)

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Tax rate depends on what tax bracket you are in and whether its long term or short term investment. The 15 will go to 20% for long term investment with people in the greater then 15% tax bracket.

For those people in tax brackets 25% and above a short term less than one year investement ranges from 25 to 35% tax and I think the proposed tax increase is about 3 to 4 % tax increase at each level. So if this stock went really big we could be looking at paying 39 to 40 percent tax if you sold earlier than a year when you bought it.

http://www.moneychimp.com/features/capgain.htm