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Subject:  Re: Cancellaton of Tax-free Roth Withdrawals?? Date:  11/30/2010  12:33 PM
Author:  RunTex Number:  67761 of 88535

Value Added Tax: It seems to me that one likely way to tax a Roth account is if Congress establishes a Value Added Tax. In that way when the proceeds of a Roth account are spent they will be taxed again. They get us "coming" (when we contribute pre-taxed assests to the Roth) and "going" (when we spend the proceeds taken out of the Roth). Tom

It is huge in Europe and Canada. Everybody is doing it. I am not sure how it works on retirement acounts in Europe/Canada. Maybe our Euro/Canucks can share.

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