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07:40
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Originally posted by dougfr:
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I don’t always agree with Alcp but I think you need to take a step back and be a little bit fair. I think what he was trying to say was that if you hold shares for less than 12 months, and sell them, you pay tax on 100% of the capital gain. If you hold for longer than 12 months you pay tax on 50% of the capital gain. Even someone of your self professed intellect should understand that.
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Nah Doug, if you misspoke I think you would come out and say, “whoops that was wrong, what I should have said was…………”
(20min delay)