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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (13698)9/16/2003 10:19:02 PM
From: SpekulatiusRead Replies (1) of 306849
 
I don't have too much pitty for these people as well. I was stupid enough to pay 26k$ in extra taxes in Y2000 because I sold stock from my employee purchase plan. It was clear to me after only 5 minutes of research that stock option as well as ESPP gains are immediately taxable regardless weather one sells the stock or not. Most of these people were well aware that they were speculating on getting into the lower LT gains tax bracket, its kind of hard to believe that someone who has hundred thousands or even millions of $ in his hands does not do some diligence and researches the internet or gets advice from a tax expert for a few bucks.
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