Retirement Finance; Alternative Risk; The Economy, Markets and Investing; Society and Capital
Dec 12, 2017
Senate Tax Proposal
I detest both conflict and politics. I will note, however, that the senate tax proposal for first-in-first-out tax treatment of capital gains would suck for retirees. This is one time I would feel compelled to write or call my senator. Working and saving for a lifetime and taking care of oneself thereafter does not always seem to get the respect and consideration it deserves. Taking from the old and human-capital-less to give to the profligate seems a bully's game as it surely is.
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