Replies to post #5428 on Energy Resource Abundance (ERAO)

[arpj1944]

I thought it was a year.

[My4ntoy]

In 2010, It used to be 1 year in order to be qualified for the lower tax rates under LONG TERM capital gains.

That all changed once OBAMA got into office, here are the NEW rates that went in effect starting 1/1/2011