Replies to post #116394 on American Green Inc (ERBB)

[docmunny]

STJoe is right ninja. Income tax rate is what applies for same year cap gains. But buy and hold long is still best approach here.

[sKninja]

RIGHT and most people's income tax is approx 30-35% -- with a short term profit - it's simply not just a 2 week paycheck tax. Anyways not here to argue CPA talk.... heres an article should anyone want to understand long and short term capital gains.... my point is that thinking LONG on this one has its multiple benefits.

http://taxes.about.com/od/capitalgains/a/CapitalGainsTax.htm

[ChartTRACKER]

$$ERBB: ST: Right You are my man!
That's why it pays to have NO REGULAR INCOME; ONLY INVESTMENT INCOME!!
MAX TAX RATE = 15%