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URL:  http://boards.fool.com/but-even-though-the-short-term-capital-gains-tax-27312046.aspx

Subject:  Re: tax penalty on stocks sold in less than a ye Date:  12/31/2008  3:07 PM
Author:  vkg Number:  103266 of 123001

But even though the short term capital gains tax rate is higher than the long term rate, they allow you to offset short term capital gains against long term capital losses, right? I never quite understood this, not that there is any "understanding" inherent in tax laws! They allow you to offset a hig