Listening to McCain tonight

[bigdavediode]

Quote from Pa(b)st Prime:
Futures are a 60/40 "blend" of earned income tax rate and cap gains rate. So even if the "income" tax rate remains steady the increase in the cap gains side changes the taxation rate of the blend.

Wow, since short term cap gains are taxed at the income rate, your futures investing must be long term capital gains (strange) to be hit, and even then you would have 40% of 8% which would be a 3.2% difference.

How long are you holding your futures trades that they fall into long term cap gains?

Just curious. Sure just seems like you're whining.