Quote:
Originally Posted by Martino
For Canada we're almost half of what profit is plus whatever you claim as income. So a profit is entirely margined by what you're doing. Essentially "investing" not claimed as an income of salary or anything is the capital gain and marginal tax rate (at the time).
No idea what it's like for you state side fellas, but I can only imagine it's just as harsh.
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This is why it's important to know your liability before you get into stocks. You can fuck yourself real fast at the end of the year short selling.