Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 45.51

+10.6%

3:59 PM EST

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To: mxyztplk who wrote (27856)	7/31/1997 8:46:00 PM
From: Dave Budde	of 186894

They talked about it on CNBC yesterday. I have also seen it in a couple of articles in the Seattle Post. I'm certain that if the bill passes as proposed, then capital gains requires 18-month holding period. Here's a quote from an article in the Seattle Times at this site: seattletimes.com "Retroactive to May 7, the top rate would drop from 28 percent to 20 percent; for the lowest bracket, from 15 percent to 10 percent. The minimum holding period to qualify for the 20 percent and 10 percent rates is one year for assets sold from May 7 through July 28 and 18 months for assets sold after July 28. In 2001, the lower rate would drop to 8 percent for assets held at least five years. In 2006, the top rate would drop to 18 percent for assets held five years."

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