Yeah, but it's not a stretch to reduce the threshold from $1M to $400k, and then not inflate it by CPI, and pretty soon high middle class will qualify. . .
Remember, taxes area by product of success, and tax rates are subject to the whims of congress, and populism if there is a large inequality in the socio economic status. . hmmm, things that remind us of the why in the French Revolution
Finally paying taxes is not the best reason to not sell. . .
if the tax rate is 15% and the value of the investment drops by 20 %, you have a lot less cash from the sale, 20% less from the drop and still another 15% from taxes. . . just ask T Boone Pickens. . . he made the decision on one investment to wait from short term to long term gains, and lost most of his profit while waiting. . said it was the stupidest decision evah!
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