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Technology Stocks : Cymer (CYMI)

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To: ScotMcI who wrote (24370)2/29/2000 4:15:00 PM
From: John Cuthbertson  Read Replies (1) of 25960
 
OT: "Try living in the Tax Hell of California and paying them an additional 9%."

And they don't even give you a break on the rate for capital gains vs. ordinary income! By the way, on the Roth conversion topic, you can easily demonstrate that if you expect your tax rate at the time of withdrawal to be the same as now, there is no advantage to converting to a Roth, i.e. your after-tax spendable $$ are the same whether you convert and pay tax now or don't convert and pay tax at withdrawal. If you expect to get rich by the time you retire and move into a higher bracket, then it is advantageous to move to a Roth; if your tax rate will be lower at retirement you are better off to stay put. Only the 4-year spread of the income made it worthwhile to convert if you expect your rate to stay the same.
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