The Mudcat Café TM
Thread #118390   Message #2563426
Posted By: Riginslinger
10-Feb-09 - 10:54 PM
Thread Name: BS: Time for Tax Reform
Subject: RE: BS: Time for Tax Reform
If they are held for a certain period of time, they are taxed at a capital gains rate rather than earned income. I think they are taxed at the same rate if they are simply turned over.