No I am referring to I believe a 1993 act creating a category of "super capital gains", it was intended to encourage the creation of new companies, thus if you invested in a company with less than $50 Mm in assets (a start up?) and held for more than 5 years before you sold, up to $10 MM of these gains would be taxed at 50% of the then current LT capital gains. Since cap gains are now taxed (for the 39.6% bracket guys) at only 20% (an no longer the 28%), the supercap tax gains are taxed at 10%. Look at your extended schedule D to find the detail of how it is calculated.
Zeev
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