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Subject:  Re: Taking a Long Term Capital Gain Date:  12/11/2007  12:14 PM
Author:  irasmilo Number:  97168 of 128039

Please explain capital gains being 0 percent in 2008?

The long term capital gains tax rate for those who are in the 10% or 15% regular income tax brackets will be 0% in 2008. This is a reduction from the current 5% rate. Whether the 0% rate is rescinded after one year may depend on what happens in the 2008 elections.

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