I thought the short term capital gains taxable rate from the Tax Reconciliation Act was maxed at 28%? I was under the impression short term capital gains were linked to your tax bracket... IOW if you were in the 25% income bracket your short term CGs would be 25% also? I saw a table with the taxable rates through end of 2010, and 2011 and after on some IRS page and now I can't find it again... should have bookmarked it I guess. If this RVs in 2010, I won't have any taxable income for the year as I am drawing a disability pension that is not taxable... does that put me at the lowest short term capital gains rate regardless of the amount of the capital gains?