Re: POTUS 45.20 - Doddering Dotards Dodging Detente
They may hold it, but you're only paying taxes on what you sell, along with any dividend that may come in, and you only get the "lower rate" if you've held the stock for long enough of a period of time. And also, I wouldn't be surprised if it wasn't individual folks (obviously you have your exceptions, such as George Soros and Warren Buffett), but investment firms that held the stock and then offered packages in the forms of mutual funds and target 401(k) plans; they're always moving stock around to get the most return for their clients. And take a wild guess at what they do with the differences and dividends... give you a hint, it's the same thing that happens when you force a cost on a small business...
Originally posted by rufus
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