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re: Emergency Fund

Posted on 2/25/10 at 10:12 am to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 2/25/10 at 10:12 am to
quote:

It will be done using the "put a live frog in a pot and gradually turn up the heat" method, IMO. At first, only those taxpayers who earn, say $1,000,000+ will have to pay taxes on Roth earnings.

Then, $500,000+....and so on. Once the precedent is set, the water just keeps getting hotter and then it's too late.


No doubt that is what will happen, if it does.

Have you ever read the book "Atlas Shrugged"?
Posted by LSURussian
Member since Feb 2005
126969 posts
Posted on 2/25/10 at 10:21 am to
quote:

Have you ever read the book "Atlas Shrugged"?

Oh, yeah. Years ago. Why?

Speaking of books, I just got the book Nudge by Thaler and Sunstein. I've only thumbed through it (I'm bringing it with me for my airplane reading when I leave for Armenia tomorrow) but it looks intriguing. It's along the lines of Freakanomics regarding how small events can permanently affect our lives or even affect history.

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