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Anyone,
Any idea on where to find a list of states with their income tax rates?
----- Original Message -----
From: Michael Ferguson <wl7bdn@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, April 03, 2000 1:59 PM
Subject: [RT] Re: taxes (stock gains)
> Leave Mass. No income tax in AK and several other states.
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> Michael
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> | itradesp@xxxxxxxxxxxx wrote:
> |
> | > Just wondering if there's a way to possibly avoid paying a total of
> | > 40% on taxes from gains in the stock market. I had to pay 28% federal
> | > tax, then 12% capital gains tax for the state of Massachusetts. It
> | > hardly seems worth the risk. It's hard enough to make money in the
> | > market as it is, then you have to give almost half back to the
> | > government, while they risk NOTHING if I lose...What a system..
> | > I'd like to hear privately if this is an accurate figure for the
> | > amount of taxes that I paid. Thanks in advance
> | >
> | > Matt
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