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jtdiii

09/28/03 7:45 PM

#47227 RE: friendlyfred #47226

Fred. Back then the STCG (holding less than 1 year) was still taxed as ordinary income and LTCG(1+ year) at 20%..

Now...STCG still taxed as ordinary income and LTCG at 15%

The top rate for ordinary income hasn't gone down more than 5% and the long term capital gain (1+ year)5% as well.

jtdiii/ John