Replies to post #154387 on Amarin Corp Plc (AMRN)

[Invest83838]

LB, Thank You Also


for all your posts about the taxes incurred when we sell our AMRN shares.

I have 128,000 shares spread out among 1 taxable and 3 IRA accounts.

You have convinced me that I need to consult a tax adviser before I sell the AMRN shares at least in my taxable account.

I also have AMRN shares in 3 IRA accounts,

of which I can sell without any immediate tax (like the 3.8% NIIT tax) and will only be taxed as income the years I withdraw the money from the IRAs - at least I think & hope this is the case - will talk with tax adviser about this as well.

[drrc1949]

LB, if and/or when you do start your research on post retirement "Tax Haven States", you should definitely prioritize Florida. Most costs are comparable to North East Mid-Atlantic rates. The standout savings come in no State Income Tax, reasonable Sales Tax Rate, Low Real Estate Taxes, Reasonable Regulatory and Administrative Fees. The State really doesn't try to rip you off, they make a lot of money on Hospitality and Snow Birds and that offsets costs for residents. Florida also spends lots of money on Public Facilities i.e. Parks, Beaches, Other Public Venues and there are rich and varied cultural and educational opportunities.

BTW, your argument regarding the Social Security problems is well considered and presented. I want to respond with discussion points but it will need to wait for a later forum. However thank you for taking the time to prepare, I do understand the concern.