My reasoning:
http://jasonhommelforum.com/forums/showthread.php?t=209&highlight=capital+gains+IRA+IRS
See also the links on this Question for more info about my vision of imminent hyperinflation:
http://answers.yahoo.com/question/index;_ylt=At_Gqqez54puDwAd0FvkVALzy6IX?qid=20060801090740AAVq3t4
Actually the hyperinflation started a long time ago and only recently feeding back into prices (see exploding gap between nominal GDP/income vs. M3/debt):
http://coolpage.com/commentary/economic/shelby/GDP%20vs.%20M3.gif
http://mwhodges.home.att.net/summary.htm#debt
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“ElOsoBravo”, let rephrase the question more simply for you:
With taxes in Western countries likely to increase drastically (baby boomer retirement, massive debts), what idiot would prefer to pay 50 – 80% taxes later on ALL HIS GAINS via the deferred tax scheme of retirement plans, versus paying 5 – 15% capital gains tax through 2010?????
And if you think the 50% – 80% tax scenario is unlikely, then how are we going to unbankrupt our negative -$20 trillion aggregate net worth?
http://answers.yahoo.com/question/index;_ylt=Ao6eUsPuLNKWBTojc3E59__sy6IX?qid=20060726095414AAu52Ze
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“Veritatum17″ numerous errors:
* Max. capital gains tax rate is 15%, not higher even for millionaires.
* Roth IRA contributions are taxed at income tax rates, e.g. 35% max.
* Roth IRA withdrawals taxed at 10%+income tax, before 59.5 age
* Ratio, not “difference”, of GDP/M3 is economist’s theory of money, called “Velocity of Money Supply”.
* $4500 will become $45,000 or $450,000 with hyperinflation. Very big $.
* Investors (not “govt” seisure) will withdraw from IRA early, because dollar will become worthless in hyperinflation, they want to buy something real, e.g. physical gold or farm land.
* DinesLetter.com investments have increase 1000% in 3 years (36 months).
* CPI is a lie (hyperinflation is reality, see charts):
http://www.kitco.com/ind/benson/jul312006.html
http://www.kitco.com/ind/Willie/jul282006.html
* “tighter money supply” is another lie
* USA lost manufacturing, infrastructure crumbling
* Govt will (has been) hyperinflate away the debt