JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Guy Gordon who wrote (6861)	2/28/2000 6:32:00 PM
From: JayPC	Read Replies (2) of 24042

Must be nice having a gov'mt that encourages you to save & invest by letting you keep a whole 1/4 of what you earn. Its not quite that bad, though sometimes it feels like it.. If I make $10000 profit on sale of a stock, I paid taxes on 75% of it. So i pay approximately 50% of 7500 in tax (or $3750). Under the new rules I pay on 66.6% or %6660 (or a total tax bill of 3300). So the new rules save me $450. Its amazing how taxed we are that I feel good that the government is letting me keep approximately 1% (in the overall budget) more of my income (by the year 2004) Regards Jay

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