Interesting article, specially for those who put part of their investments outside tax sheltered accounts.
http://www.lewrockwell.com/rozeff/rozeff131.html
http://www.lewrockwell.com/rozeff/rozeff131.html
Cute 'n Fuzzy Bunny said:Wow that guy has some big hair.
Cute 'n Fuzzy Bunny said:Hmm, dipping into the sauce early?
I liked the part about the stock market being in a "super downtrend" that started in 2000. Somebody isnt keeping up with current events...
Cute 'n Fuzzy Bunny said:Hmm, dipping into the sauce early?
I liked the part about the stock market being in a "super downtrend" that started in 2000. Somebody isnt keeping up with current events...
Hamlet said:Not that I don't think this guy is a nutball, but the S&P500 is still below its peak from 2000, so it isn't irrational to believe we are in an upswing of an overall bear market.
3 Yrs to Go said:Given the change in Congress it is reasonable to think the favorable dividend and capital gains rates are in jeopardy beginning in 2009. Stocks should, and will, begin to discount lower expected after-tax returns. To equate the expected after tax returns of a 15% tax rate to a 35% tax rate initial prices need to fall about 24% (although the actual impact should be less because the marginal investor is not in the 35% tax bracket).
brewer12345 said:Nah, you must have missed our earlier thread on something Mr. Nutball wrote. From now on, I get to call the tinfoil hat permabear brigade "piglet rapists."
FIRE'd@51 said:Also, the maximum LT capital gains rate was 20% (not 35%) before the 2003 tax cuts.
Maddy the Turbo Beagle said:I always wonder about the folks currently taking dividends and cap gains in the 5% rate now (and going to 0 in 2008)...Most of these folks cant be significantly wealthy or at least withdrawing only enough to be lower middle class...
Leonidas said:Modified: Damn, I should have done a search for piglet sodomizers.
Maddy the Turbo Beagle said:so we are talking about the rate going from 15 to 20% for folks in the higher brackets....I always wonder about the folks currently taking dividends and cap gains in the 5% rate now (and going to 0 in 2008)...Most of these folks cant be significantly wealthy or at least withdrawing only enough to be lower middle class...
Hamlet said:Not that I don't think this guy is a nutball