Quote:
Originally Posted by cscmc1
I worry about capital gains taxes. My wife and I live well BENEATH our means now, so that we might enjoy a comfortable lifestyle after retirement. It irks me that O, or anyone else for that matter, might decide for us that we need to be taxed at a higher rate when we finally cash in. It double-irks me that the folks who are making these decisions for us already have theirs. These folks aren't poor by any stretch. I am saving as much as I can just to live comfortably after retirement -- don't raid my savings to bail out those who have made bad life-choices.
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I don't know what the capital gains tax rate should be, but I agree that Congress should not change the rules in the middle of the game.
EDIT: I should say that Congress should try real hard to not change the rules in the middle of the game. Sometimes rule changes can't be avoided.