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Re: ganxiaohui post# 38764

Sunday, 10/14/2012 12:34:29 PM

Sunday, October 14, 2012 12:34:29 PM

Post# of 167964
If you hold any investment less than one year , earnings are taxed as regular income. This year highest marginal rate federal is 38%, plus whatever your state tax rate is. If our beloved government let's current tax rates expire , long term gains go to 20% from current 15%. And if held less than 1 year rate on upper end goes from 38% to I believe 41%. I hope longs here have a tax problem. Too bad we take all the risk and the fed gets the windfall. Bstrds