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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: geoffrey Wren who wrote (5889)	9/22/2010 7:45:11 AM
From: Labrador	Respond to of 34328

My concern re a VAT is there's a decent chance (in my personal view) that we may see one implemented, or some type of national sales tax. It would raise a lot of cash from many who don't pay taxes (such as the underground economy). Having said that, the implementation of a VAT would likely come in tandem with a decline in federal tax rates which would be be a contrary reason to convert to a Roth. I've done a fair amount of study on the Roth Conversion, separating my single 2009 IRA into 3 distinct-investment-basket 2010 Roth IRAs to implement the conversion. I'm only planning to convert 1 of the IRAs to Roth due to the significant appreciation that occurred during 2010 (subsequent to the Jan 2010 conversion date). The other 2 funds are fairly flat with the beginning of the year's value and, at this time, I don't plan to convert them for 2010 (as you know the election may be rescinded up to the time that one files their tax return, with extension).