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Author: hockeymomof3 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5745  
Subject: Re: Piecing together history Date: 12/1/2006 12:18 AM
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I don't see how I was wrong -- read my post over again. I don't dispute that taxes are due on the gains, but I don't see how a similar percentage of taxes due magically makes the gains the same.

because the taxes due are shown as a percentage of the TOTAL SALE PROCEEDS. The actual dollar amount is irrelevent. If I buy stock, then I sell the stock and pay taxes on my gains but have those taxes expressed as a percent of the TOTAL sale and in two instances, that percent is similar, it follows that the gains were similar. In this case either 90% or 95% of the total is a gain. Those two figures are similar in anyone's book. Well almost anyone.

Teri....math major
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