11. With traditional IRAs, the earnings are taxed as ordinary income when you withdraw the money. 12. You also lose the benefit of the lower tax rate on long-term capital gains, because ScholarShare earnings are taxed as ordinary income. 13. He said that the government had taxed the earnings of chartered accountants last year. 14. Russia, which is trying to work its way out of a financial crisis, wants to be able to tax earnings on the investments. |