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You are absolutely right using current tax policy as your assumption.

But to me, even if I'm in that position, given that I suspect that as I grow older tax rates will generally rise and preferential treatment of some income will generally be reduced or eliminated (largely because of spiralling deficits and aging of society),


Whoa! I thought I was the only one that thought this way.
I can't argue with 2old's points other than profess my fears of the future. Perhaps unfounded, but nonetheless anticipating that there is a piper to be paid somewhere down the road.

Is there a Timing Cube for future taxation?
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