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Is not all investment speculating? Very few investment classes provide 100% guaranteed returns.

• PaulDavisThe1st 5y ago
  You pay capital gains taxes on the majority of gains made via investment. This change is intended to prevent the abuse of Roth IRAs as a way to shield potentially enormous capital gains from taxation.
  • lotsofpulp 5y ago
    If that was true then they could simply cap the amount that was exempt from taxation.
    • PaulDavisThe1st 5y ago
      I agree that this would be an alternate approach to tackling the issue, and to be honest, from what I've read so far, would be my preference.
      • lotsofpulp 5y ago
        Anytime you see politicians avoid a straight forward, transparent solution, for an opaque one, assume there are political games being played resulting in winners and losers. Just like why a person working for a company offering 401k is allowed to save $19k in a tax advantaged retirement account, but a person working at a small sandwich shop not offering a 401k is only allowed to save $6k in a tax advantaged retirement account.