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MaynardG

12/13/10 10:34 PM

#202731 RE: BerthaB #202729

BerthaB,sorry for my lack of faith..
Capital gains rates are designed to encourage long-term investing. Most people can get a significant advantage from holding stock investments for more than one year:


Tax Bracket Capital Gain Tax Rate
Short Term Long Term
10% 10% 0%
15% 15%

25% 25% 15%
28% 28%
33% 33%
35% 35%

http://www.moneychimp.com/features/capgain.htm

This maybe off topic, if so please remove