Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: cfoe who wrote (36919)	7/22/1999 11:27:00 PM
From: Kayaker	Read Replies (3) \| Respond to of 152472

OT Agree with you 100% about taxes. Hey! You Americans have no idea what high taxes are! Top marginal rate on income here is 53% and kicks in around 60,000-70,000. Top marginal rate on capital gains is 40% and no discount if you hold for 12 months, 18 months, whatever. If you do quite a bit of trading and get audited, you lose your capital gains treatment of market gains and it becomes income instead, ie., taxed at 53% rate. Mortgage interest is not deductible. Bob British Columbia