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re: 228% return in 3 months

Posted on 4/23/08 at 10:44 am to
Posted by LSUKTR
Baton Rouge
Member since Nov 2005
1489 posts
Posted on 4/23/08 at 10:44 am to
quote:

63%? I am no tax expert but I think you are a wee bit high with that figure.



Ya, I thought that you just pay your regular income tax rate on short-term gains....and 15% on long-term (at least for the time being)

Probably about mid $300Ks would be taxes.
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