Quote:
Originally Posted by OneHungLo
Are you guys paying capital gains taxes on your earnings? Besides the risk (unless you have a crystal ball, you do not know when the price is going to go up or down) the capital gains tax, which could be as high as 39%, scares me away.
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You have to pay taxes no matter how you make money. I don't understand how that would keep you out.
I guess I was already paying that sort of taxes on stocks and such. So, it doesn't seem like a big deal to me.