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To: AmyIrene who wrote (18967)5/25/1999 12:56:00 PM
From: Nite-Man  Read Replies (1) of 40688
 
AmyIrene,

On short term gains Federal taxes are paid at your tax bracket. If you are taxed at the highest level 39.6% that is what you must pay on short term capital gains.

Best regards,

Oops didn't see Terri's response which was much more comprehensive, bravo!
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