InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,241.69
(
-0.48%
)
US TECH 100
18,086.00
(
-0.94%
)
Dow Jones
38,055.10
(
-1.01%
)
Brent Oil
82.95
(
-0.52%
)
Bitcoin
68,316.55
(
1.09%
)
Post# of 67010
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

M_T_Pockets

Send PM Follow Ignore
Followers 29
Posts 2631
Boards Moderated 0
Alias Born 01/26/2011

M_T_Pockets

Re: hinkydink post# 48446

Wednesday, 06/27/2012 10:44:43 AM

Wednesday, June 27, 2012 10:44:43 AM

Post# of 67010
Hey Hinkey!
I just looked it up again to confirm. I made the assumption that most of us were of the poorer "non-millionaire" types. (that's where I fit in.)
LTCG rate is 0% if you are in the 10% and 15% tax bracket. (thanks to President G W Bush.) That law runs out at the end of 2012.

Here is a wiki article on it:

http://en.m.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States

God bless you if you are in the higher rate range. But the point is next year the rates will most probably be higher.
Keep an eye on Congress for their decision. The rates have not been set yet.
Let's hope it stays the same.
Our luck it will probably be much higher just when we have something to report!!!

Don't take my word for it, Do your own research! Then you will know it's true!

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up