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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (42168)3/20/2001 12:06:10 PM
From: E_K_S  Read Replies (2) of 64865
 
Hi JDN - Were you aware of the new Capital Gains tax rate effective for 2001 and forward for assets held five years or more? The Federal capital gains tax is only 8%!

I have another two years to go for my SUNW shares to establish a five year holding period. At an effective maximum rate of 8%, I might consider selling a portion of my holdings if the long term prospects for the company sour.

Now, if they completely remove all capital gain taxes then selling good companies because of tax implications become moot.

EKS
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