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<p>[QUOTE=&quot;fiddlehead, post: 1856970, member: 31286&quot;]#1, it&#039;s not the law.&nbsp; Capital gains rates are progressive like all income taxes.&nbsp; You only have to pay the top rate if you make enough money to be required to do so and #2, you only pay capital gains on net profit.&nbsp; So if you aren&#039;t organized enough to keep track of your expenses, whose problem is that?</p><p><br /></p><p>And by the way, Mitt Romney made most of his multi-million $ annual income on dividends and capital gains and he only paid 14% on the whole shebang.&nbsp; I pay more than that in Social Security taxes.&nbsp; And while we&#039;re on the topic, old friend Ronald Reagan supposedly made the tax system more user friendly, but in fact he eliminated income averaging which only ever benefited folks with modest/middle class incomes and would have addressed the issue of paying large capital gains on windfalls - which now is a problem for real estate sales of commercial property, etc.</p><p><br /></p><p>dt[/QUOTE]</p><p><br /></p>

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