RE:RE:Usa corporate taxes to go up to 28%I would think this is a certainty for almost anyone managing their own money. I'll add that I plan to sell equivalent dollar losers to offset the capital gains and maximize new gains.
Moemoney42 wrote:
Absolutely S&F... and we're getting our clown report this month.. I have a question for the many here who have gains in the markets.. just a general small personal survey if you will..
How many of you good folks will sell your gainers if and when the cap. gains tax gets increased to 66 or even 75%... god forbid the talk of taxing the primary residence..!!!
I will be selling all my gainers if this happens as I believe we'll see a knee jerk reaction and a possilbe sell off as a result of that decision if it happens. Then buying them back shortly thereafter to capture the gains at 50% and reset the ACB.. Am I crazy with this thought..??