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if the proceeds from a sale of a stock are then reinvested into another stock will any gain still be taxed

Yes. A good place to read up on these tax questions is the Motley Fool Tax Q&A available at

p.s. not related to your question, but I noticed that the Tax Disclaimer link from the folder is returning a 404 File Not Found and wanted to mention this in case a TMF techie sort was reading.
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