It's very hard to predict what will happen at the end of an election year. Even so, it is unlikely taxes will be lower in the future, so you may just decide to play it safe and sell now. Either way, you want to be prepared.
Every investor should be concerned with the risk of their portfolio. Yet, in my experience, few are. Whenever I use the words "standard deviation," which is a measure of risk, I can see a glazed look come over my prospective client.
Here's the Armageddon scenario: First Greece defaults, then Portugal, then Spain. Is the viability of the euro currency an issue? Rather than relying on predictions, there are some practical steps you can take to protect your portfolio.