OTCPK:MAUXF - Post by User
Comment by
grandpama4on Nov 10, 2012 8:57am
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Post# 20584733
RE: RE: RE: 1.78
RE: RE: RE: 1.78 You never buy or sell an investment based on tax rules . Why wiuld you pay taxes on a holding now by selling then rebuying in 30 to 45 days . First you are risking prices could go up during the 30 days especially when in this case possibly a lot of good news is to come in next 30 days like pipeline signing, 3rd guarter, um 10 flows, move from venture exchange and new fields. Secondly why not wait until December to sell for tax as with any of these news releases s/p will go up and finally the proposed increase in taxes should only apply to the rich. Often tax increases on capital gains are grandfathered so you only pay taxes at the old rate on gains to the date of change and at the new rate on gains from that date forward so the government is not implementing a rectroactive tax. Time will tell but I still think another hidden agenda is the reason and that is why it is being done under anonymous so you cannot trace to broker. If it continues possibly a review should be considered,