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re: Can we all agree this is a bad idea???
Posted on 10/20/17 at 2:02 pm to jamboybarry
Posted on 10/20/17 at 2:02 pm to jamboybarry
Agreed, Clinton first floated this in mid 90's. I would bet they come up with "we just need a 5% payment" at first as a one time charge.........Then it becomes permanent and a larger percentage. Just like our income tax
2
Posted on 10/20/17 at 2:09 pm to GeauxLax
Not time to charge the Capital with pitchforks and torches just yet. So long as Roth 401(k) and Roth IRA gains are tax exempt, this isn't as bad as it sounds. Chances are they're going to tax the hell out of your traditional 401k withdrawals when you're old... so the Roth is a better vehicle to begin with.
Now... that said, if they start talking about taxing ROTH capital gains, then your Roth 401k retirement account just became a standard brokerage account... THEN it will be time to storm the Capital!!
Now... that said, if they start talking about taxing ROTH capital gains, then your Roth 401k retirement account just became a standard brokerage account... THEN it will be time to storm the Capital!!
This post was edited on 10/20/17 at 2:11 pm
Posted on 10/20/17 at 8:23 pm to GeauxLax
What a mess.
Just spend less.
Cap the war at current level and let inflation cut it down over the decades.
This is an outrage.
I was disappointed conservatives went along with the spendy big budget.
Just spend less.
Cap the war at current level and let inflation cut it down over the decades.
This is an outrage.
I was disappointed conservatives went along with the spendy big budget.
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