So you increase/double, whatever the dividend and cap gains rate, you delay my retirement.It may help to think of the lower tax rate as the aberration and a return to the former rate as normal.I agree with having the first, say, $6,000 or $12,000 ($500 or $1,000/month) in divvies either taxed at a very low rate (say 10%) or not at all. In fact, I'd include interest--lots of retirees invest more in fixed income than stocks, and encouraging people to save during their working years is so important. Maybe restrict the tax break to age 60+, but I think too many people aren't sufficiently future-oriented for that to work as inventive to invest in one's 20s-50s. Otherwise, tax divvies/interest at one's marginal rate.
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