On 11/07/2012 09:50 AM, Stephen Russell wrote:
On Wed, Nov 7, 2012 at 9:50 AM, lelandj <[email protected]> wrote:
On 11/07/2012 09:22 AM, Michael Madigan wrote:
America loves 4 more years.
http://finance.yahoo.com/q;_**ylt=Ah5H5txzIYQhxMiFLaAP.**FOiuYdG;_ylu=**
X3oDMTIyMGRkaG9uBG1pdANGaW5hbm**NlIEZQIE1hcmtldCBTdW1tYXJ5IDIE**
cG9zAzUEc2VjA01lZGlhUXVvdGVzTW**Fya2V0U3VtbWFyeQ--;_ylg=**
X3oDMTFpNzk0NjhtBGludGwDdXMEbG**FuZwNlbi11cwRwc3RhaWQDBHBzdGNh**
dANob21lBHB0A3NlY3Rpb25z;_ylv=**3?s=<http://finance.yahoo.com/q;_ylt=Ah5H5txzIYQhxMiFLaAP.FOiuYdG;_ylu=X3oDMTIyMGRkaG9uBG1pdANGaW5hbmNlIEZQIE1hcmtldCBTdW1tYXJ5IDIEcG9zAzUEc2VjA01lZGlhUXVvdGVzTWFya2V0U3VtbWFyeQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3?s=>
^dji
Investors are probably selling long term stocks that would result in
capital gains taxed at a 15% rate in effect through the end of 2012. The
rate on capital gains is likely to go up next year to 20%, or even be
taxed at ordinary income rates. The stock market should settle down shortly
and, I hope, begin a steady increase through at lest next year.
----------------------
Not sure why this money should be re-taxed at ordinary rates. It already
was through that wringer declaring it as profit. Thus taxed to the company
as INCOME.
You are probably thinking about dividends, which are not deductible to a
corporation, but taxed to the person holding the stock.
Regards,
LelandJ
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