[Proud2BeRight]

A couple buys a house, raises a family, retires, and decides to downsize. Today, a $500k capital gain from that sale is exempt from tax. With the new unfair tax tax man at the door, that couple has to pay taxes on all that gain throughout retirement.

[BillM]

In the meantime he can use that capital to derive income (tax free). If he can get 10% (for ease) he will derive $50,000 in after tax income annually.

He no longer needs a tax accountant. None of the the businesses he frequents needs a tax accountant. The cost of government is reduced by ALL COSTS associated with the IRS (both sides of the table).