[kjam22]

So why have you got everything in a taxable account? And you haven't paid taxes on the re-invested dividends, or on mutual funds, or on individual stocks appreciation in a taxable account, unless you're re-trading the whole thing every year. Why didn't you tax defer it through a 401 or something? Roth's haven't been around long enough for you to have a gazillion dollars in it. And you haven't paid tax on the equity in your house yet. But you will when you sell it.

At least Huckabee's 23% plan lets you sell your house, re-invest the money so that it makes you money to live on in your old age.... and not pay taxes on the sale of the house.

You've got no options except sit on it and don't take anything out, until the government makes you. Oh I guess if you have it in a passbook savings you can spend it :)

[Toddsterpatriot]

So why have you got everything in a taxable account?

I don't.

And you haven't paid taxes on the re-invested dividends, or on mutual funds, or on individual stocks appreciation in a taxable account, unless you're re-trading the whole thing every year.

I pay taxes on the dividends in the year they're paid. I pay taxes on the capital gains in the year they're realized.

And you haven't paid tax on the equity in your house yet. But you will when you sell it.

Only if the gain is more than $500,000. Under the sales tax, I'd pay 30% on not only the gain, but also on the purchase price. Sounds great! Not.