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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: Ed Ajootian12/7/2010 6:54:32 AM
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OT -- Great to see the deal cut to keep Bush tax cuts around for another 2 years. Not sure why they allowed these to stay for all taxpayers, vs. say, terminating them for those making > $1M a year, but in any event this is what we now have.

Given how massive our deficit now is, I believe this current tax rate structure is going to be the lowest we will see for the next few decades or so. So I have converted about 2/3rds of me & my wife's IRA's into Roths, with the plan to convert the balance in the next few days. I had held back this last third just in case, for some bizarre reason, the Bush tax cuts did not get extended.

Just curious, have many others done Roth conversions, and if not, why not? Obviously if liquidity is an issue I could understand not doing it, since you would have to pay the tax on a conversion over the next 2 years. But if there is another reason you didn't convert I would be interested.
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