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To: Guy. who wrote (2385)1/28/1999 3:54:00 PM
From: Speedster  Read Replies (1) | Respond to of 5300
 
i think capital gain taxes go down to 18% if held for 5 years. Short term capital gains (cap. asset held less than 1 year) taxed at ordinary rates to max out at approximately 40%. Long term cap gains(asset held more than one year) are taxed a 20%.