04-16-2004, 08:53 PM
You didn't pay any taxes on that $15k you earned on the market. That offset any benefit you would have gotten from a tax cut because if it was short term you had to pay 50% in taxes.
That's a gain you probably didn't make in 2002 when the market was shitting the bed.
That's a gain you probably didn't make in 2002 when the market was shitting the bed.