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To: James F. Hopkins who wrote (64497)	12/17/2000 6:10:30 PM
From: KymarFye	Read Replies (1) \| Respond to of 99985

So I take it you don't like capital gains tax cuts?

To: James F. Hopkins who wrote (64497)	12/17/2000 8:10:32 PM
From: Benkea	Read Replies (2) \| Respond to of 99985

"Nothing that has a tax advantage such as IRAs make any sense if you don't have cap gains. Cap gains is already so low that IRAs make very little sense as you still have to pay TAX on them when you get out and right now that TAX is more for me than Cap gains is, I've stopped putting money in any IRA, as that benefit is already crap." "Cap gains...you still have to pay TAX on them when you get out" Roth IRAs will never pay tax. "Cap gains is already so low that IRAs make very little sense" Dividends are taxed at the ordinary income rate. Many people buy stocks that pay high yeilds (or bonds even) in their ROTH IRAs. Seeing as they'd be paying the income tax rate on these coupons and dividends at the ordinary income tax rate, ROTHs are fantastic. Perhaps you should have phrased your statement with "for those of us who only buy stocks for appreciation in traditional IRAs, the tax deferred cap-gains benefit is crap". Then it would have been only partially incorrect vs. your entirely incorrect original post. The compounding of deferred taxes (interest free loans from the government) is a benefit that every investor ought to be joyous about.