SI
SI
discoversearch

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.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (514638)10/17/2012 11:09:02 PM
From: goldworldnet  Read Replies (1) | Respond to of 794187
 
I'm not a trader, but perhaps someone else here can address taxes for those who are.

* * *



To: John Koligman who wrote (514638)10/18/2012 12:41:58 AM
From: Neeka  Respond to of 794187
 
If you have an adjusted gross income of $200,000 you pay no taxes on capital gains and dividends. That's how I read it. If it's more complicated than that, I'd expect to be able to read the details and expect them to become available. Of course this is a plan Romney would propose to congress. It would be up to them to work out the details and do the legislating if they so chose to do so. Mind you, this all would be much more likely if repubs gain a majority in both houses.



To: John Koligman who wrote (514638)10/18/2012 1:52:56 AM
From: KLP11 Recommendations  Read Replies (1) | Respond to of 794187
 
Just for the heck of it, John K, what do YOU think YOUR fair share of tax is on the income you make from the type of "trading" you do....?