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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?

To: Mark[ox5] who wrote (1054)	5/9/1998 7:35:00 PM
From: Brad Morris	Respond to of 8879

I used too, but then GLOW took off!

To: Mark[ox5] who wrote (1054)	5/9/1998 7:38:00 PM
From: John Fairbanks	Read Replies (1) \| Respond to of 8879

off topic -- Capital Gains Short term capital gains (less than 1 year) are taxed as regular income and for a single person, the breakdown is roughly 15% below $30K, and 28% above. One of the biggest misconceptions on this tax braket thing is that if you go slightly over into the 28% tax bracket that you have to pay 28% on all the money -- NOT TRUE! If you make $35,000 you would pay 15% on $30,000 and 28% on the remaining $5,000. Of course anything held longer than 12 months is capped at 28% no matter what, and longer than 18 months is capped at 20%.