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Strategies & Market Trends : Value Investing
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To: Harshu Vyas who wrote (74691)12/29/2023 1:47:03 PM
From: Elroy  Read Replies (1) of 78764
 
he'd sell his current holding(s) for a profit and reinvest.

I'd be interested to see his firms's capital gains tax payments. His numbers are large, so he's gotta be at the 20% long term tax rate on each sale. Weren't capital gains taxes a lot higher than 20% in the 60's and 70's?

I don't see how any big boy investor can pay 20% taxes on profits, and do anywhere close to 50% without some miracles happening.
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