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To: Always Independent

well, they tax the gains as income when you take out money.

Plus you don’t get to declare losses and you don’t get advantage of lower cap gains. But I guess you do have the advantage of a lower tax rate in retirement.

what the govt is saying is that they are “giving us” something with a tax deduct and that we are too dumb to deal with our portfolios. So the gov should manage them.

I guess if they end up with all the banks and financial services and health care,,they can invest our money in their stock.


106 posted on 10/09/2008 10:22:57 AM PDT by cajungirl
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To: cajungirl

If they tax it now, then you’ll be paying at a higher rate.


108 posted on 10/09/2008 11:05:08 AM PDT by Always Independent
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