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kagey1

08/25/10 11:20 AM

#89385 RE: bull-rider #89381

lol, trust me I'm not at the top rate, I was just using the 36% and 39.5% to show what someone could get taxed out if they cash out enough profit to get in the top bracket as opposed to the 15% and 20% if they hold for a year. Regardless of your individual tax bracket short term gains are taxed at the same rate as ordinary income.