Re: those who own a tremendous amount of EDIG shares will be the
in response to
by
posted on
Nov 06, 2008 08:28AM
Any change to the capital gains tax has yet to be written or passed, but I wouldn't think an increase would apply to stocks purchased before a certain date. In other words, I'd be surprised if they made such an increase retroactive lest it cause a massive sell-off just before the law went into effect. Surely even the DEMS are not THAT stupid???
I've got to think that my EDIG shares will be more than safe from excessive capital gains taxes - currently what, 10 percent? Given my cost basis just below $1/share, I'd love to have such problems.
- Sinkman