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ConocoPhillips Message Board

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  • willaby willaby May 1, 2012 7:53 PM Flag

    Is there any legitimate reason not to keep PSX shares?


    You might want to check your own ignorance. The maximum tax rate is 15% on long term gains, not on short term which is treated as regular income. Most states have their own capital gains tax, here in CA it is close to 9%.

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