re: How do you respond to this Yahoo comment regarding short/long-term capital gains tax rate?

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Irrelevant. That basis is never taxed again anyway no matter what rate you use.

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What's the basis on ordinary income? Thats why it is relevant. One requires capital. Taxing capital gains at ordinary income rates would require much higher returns and investment would decline.

However...to answer the OP. Short term capital gains are taxed at ordinary income rates.