The Texas populist take on the tax cut

[Jordan Hayes]

> She still right on her substantial point that 401k owners --
> the vast bulk of the 70% who are counted as holding stock --
> get nothing out of this proposal.  Because their capital
> appreciation in 401k's is already untaxed.  No?

Maybe.  I know I'm probably atypical on this list for actively managing
my finances (what can I say?  I write programs to trade financial
instruments from time to time, I'm interested in the general problem).
When I come across a stock I want to own that's dividend-heavy, I shrug
and put it into a tax-deferred account.  So when it "works" and I'm
"right" I'll see the benefit in 25 years.  If this change goes through,
I'm just as likely to do it in a taxable account and spend the winnings
on a big screen TV or food.

I bet I'm not alone in that.