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To: Labrador who wrote (65)7/29/2000 10:27:08 PM
From: Uncle Frank  Respond to of 172
 
I thought you were long-term? But Uncle Sam does want 20% of your long-term gains. And, I'm not paying him.

I am, Labrador, but I have the advantage of having most of my holdings in a tax sheltered account (ira). That allows me to do things like LEAPS substitution therapy without the drag of taxes.

uf


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