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Politics : Formerly About Applied Materials
AMAT 301.88-1.0%Jan 14 3:59 PM EST

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To: Taby who wrote (27453)12/28/1998 10:11:00 PM
From: AlienTech  Read Replies (1) of 70976
 
>>you sell a stock and buy it back within 30 days, you can not write off you losses. Does this mean if you sell the stock and buy back the stock within 30 days, your gains are not taxable? <<

ROFL!!!!!
You really think the government is for the people?

It is like the gaming houses, The house always has the advantage and gets their cut win or loose. Cant take a loss unless you wait but you dont get to keep the gains if you cash in no waiting there to pay the house.
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