[Toddsterpatriot]

So have you calculated your current mark to market tax liability? It's not zero.

Long term capital gains are 15%. Never claimed they were zero.

Huckabee's plan is 23% on the portion of it that you spend.

30% added to every purchase. That's on not only my capital gain but also on my original investment.

That's the cost difference. Right?

Wrong. Say I invested $100,000 and now have $200,000. 15% of my $100,000 gain is $15,000. 30% of $200,000 is $60,000.

See the difference?

[kjam22]

You didn't get what I asked you. Calculate your tax due if you took everything to market right now. Your tax defered investments will owe tax, your things that you've traded in the past year in your taxable account won't. Either way... calculate your tax due if you took all of it to mark to market.

Compare that against Huckabee's 23%. 23% of the entire value. (that's the worst case scenario that you spend it all)

Now put the entire value on a complete spend decline of 15 years (65 to 80). Assume 5% annual growth for re-investment in each of those 15 years. The difference between your current tax liability and Huckabee's 23% value ..... less the tax free investment profits you could have is the real difference between status quo and Huckabee's plan.