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To: Fli-by who wrote (3360)7/29/1998 11:32:00 AM
From: Curtis E. Bemis  Respond to of 21876
 
<Isn't short term 39% ??>

Yes, and just a little tad bit higher. But then comes state income
tax, and of course AMT. I like the long term cap gains, if I have
to take em at all. That is why I don't day-trade--No time to do it
right anyway--



To: Fli-by who wrote (3360)7/29/1998 11:33:00 AM
From: Jan Crawley  Respond to of 21876
 
Isn't short term 39% ??

Yes, if your gross income is above $150K, with all limitations/re-calculations of the itemized deductions, the top tax bracket can be as high as 39%.



To: Fli-by who wrote (3360)7/29/1998 12:49:00 PM
From: mrknowitall  Respond to of 21876
 
sorry . . . fingers off to the left by 1 position on this little toy keyboard I'm using on the road!!!!!


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