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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (18895)3/26/2017 9:32:25 PM
From: robert b furman1 Recommendation

Recommended By
3bar

  Respond to of 33421
 
Hi John,

If futures are any indicator - what we've been expecting last week is unfolding:

dow down big 122 and S&P down 17.50

Bob



To: John Pitera who wrote (18895)3/27/2017 1:27:51 PM
From: richardred  Read Replies (1) | Respond to of 33421
 
>If I were talking with Trump, Bannon , Wilbur Ross or Steven Mnuchin I would emphasize that congress repeat what they did in 1986. Which was a 1 time offer for US corporations to repatriate USD from overseas at a .0625% tax rate which is what they did with Reagan as President and Tip O'Neil heading Congress.

John: I agree, and I like that one on top a lot. How about that once in a lifetime conversion of a traditional IRA into a Roth IRA? Or how about a once in a lifetime lower tax exclusion from traditional IRA's ? I'm thinking along the lines of the $250,000/$500,000 Home Sale Tax Exclusion that's in place now ,subject to rules. FWIW- I've been talking about this since way back when.

P.S. RE: Trad/Roth The last time it was offered before. IMO it wasn't enough of a break to encourage investors to do so on scale.