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Posted on 1/10/20 at 12:12 pm to roadGator
quote:I don't see concern trolling over abortion, so you cool too.
He didn’t mention race so you don’t need to be outraged.
Posted on 1/10/20 at 12:17 pm to Big Scrub TX
One of us wanted to be outraged in this thread. Come on man.
I now support abortion. It's a net benefit.
I just want progs to be honest about the killing part. Is that too much to ask?
I now support abortion. It's a net benefit.
I just want progs to be honest about the killing part. Is that too much to ask?
This post was edited on 1/10/20 at 12:18 pm
Posted on 1/10/20 at 12:20 pm to lsudave1
You should run for office Dave
Posted on 1/10/20 at 12:20 pm to roadGator
THE ONLY ISSUE I see is that for the Roth IRA your initial contributions PLUS the investment GAIN is disbursed tax free (if I understand correctly). Therefor you are NOT PAYING taxes on the GAINS. This is a bone they throw to the US retirees which I am all in favor of.
The more people we have retiring on their own savings the better off we are as a country. GET OFF THE PUBLIC DOLE.
ETA: Can we discuss the legality of Roth IRA from a political standpoint? Whaat? which is it that you want to discuss? Legality or politics?
The more people we have retiring on their own savings the better off we are as a country. GET OFF THE PUBLIC DOLE.
ETA: Can we discuss the legality of Roth IRA from a political standpoint? Whaat? which is it that you want to discuss? Legality or politics?
This post was edited on 1/10/20 at 12:22 pm
Posted on 1/10/20 at 12:33 pm to roadGator
quote:I was joking you dumbass.
One of us wanted to be outraged in this thread. Come on man.
quote:Are you being serious?
I now support abortion. It's a net benefit.
Posted on 1/10/20 at 12:43 pm to lsudave1
quote:
Right you can place money into your 409k after tax, but to what cost? I just don’t see how this is moral when the government hasn’t given opportunities to invest in companies with a larger economic footprint.
You're trying to sound smart and you really sound like a dumbass.
Posted on 1/10/20 at 12:47 pm to lsudave1
quote:
The more I think about it, the more I question the ethics of this egregious manifestation of the law. Yes, it’s great that retirees are able to draw money without a federal tax, but can we all agree that having an account for only five years puts those who have saved for much longer at a disadvantage? How should that excuse an individual from withdrawal without taxation?
Sounds like you have no clue how a Roth IRA works. Do some reading.
Posted on 1/10/20 at 12:49 pm to lsudave1
Conventional IRA’s and 401k’s are pretax contributions. Roth IRA contributions are taxed up front.
Posted on 1/10/20 at 12:53 pm to lsudave1
quote:
How should that excuse an individual from withdrawal without taxation?
Come again.
Posted on 1/10/20 at 12:59 pm to lsudave1
quote:No.
can we all agree that having an account for only five years puts those who have saved for much longer at a disadvantage?
Posted on 1/10/20 at 1:02 pm to lsudave1
quote:
Roth IRA
quote:Roth contributions are after tax. You want people to pay income tax too when they draw it out? Dumbass
Yes, it’s great that retirees are able to draw money without a federal tax
This post was edited on 1/10/20 at 1:04 pm
Posted on 1/10/20 at 1:06 pm to lsudave1
quote:
I just don’t see how this is moral when the government hasn’t given opportunities to invest in companies with a larger economic footprint.
Posted on 1/10/20 at 1:14 pm to lsudave1
quote:Because the money going into a Roth IRA is taxed on the front end??? Is this a troll or you just have no idea how it works?
How should that excuse an individual from withdrawal without taxation?
Posted on 1/10/20 at 1:14 pm to Big Scrub TX
You need a comma between joking and you, dumbass. 
Joking about abortion? No. It’s not funny.
I wish abortion was illegal and didn’t exist. It’s hideous.
A prog made me realize I didn’t care really because I don’t protest it. He was kinda right.
Let me be clear though. It’s a hideous act in my opinion. A tiny human is torn to shreds and terminated. There’s nothing about that act that isn’t hideous.
Yeah yeah rape incest blah blah.
The act itself is reprehensible.
Joking about abortion? No. It’s not funny.
I wish abortion was illegal and didn’t exist. It’s hideous.
A prog made me realize I didn’t care really because I don’t protest it. He was kinda right.
Let me be clear though. It’s a hideous act in my opinion. A tiny human is torn to shreds and terminated. There’s nothing about that act that isn’t hideous.
Yeah yeah rape incest blah blah.
The act itself is reprehensible.
Posted on 1/10/20 at 1:17 pm to lsudave1
quote:
The more I think about it, the more I question the ethics of this egregious manifestation of the law. Yes, it’s great that retirees are able to draw money without a federal tax, but can we all agree that having an account for only five years puts those who have saved for much longer at a disadvantage? How should that excuse an individual from withdrawal without taxation?
I think the intent of the Roth IRA went completely over your head......it was to encourage people to save after tax dollars for retirement. A Roth IRA is meant to be a supplemental means of income for retirees that is tax free on the earnings in the account...all young folks should be maxing their Roth IRA contributions out every year. If you have a 401k you should contribute at a minimum the money that is matched by the employer, after that contribution is met and you have additionally money to save for retirement you really need to consider using after tax dollars to build up that Roth....A married couple who begins contributing to a Roth in their 20's can have a nice tax free disbursement by age 62.
Posted on 1/10/20 at 1:23 pm to lsudave1
quote:
How should that excuse an individual from withdrawal without taxation?
Because it's an investment with taxation. Do you not understand how a Roth acct. is regulated?
Posted on 1/10/20 at 3:00 pm to roadGator
quote:I'm not a prog, but what is me?
A prog made me realize I didn’t care really because I don’t protest it. He was kinda right.
quote:I hate that argument. Either you are for or against it. The provenance shouldn't matter.
Yeah yeah rape incest blah blah.
Posted on 1/10/20 at 3:13 pm to lsudave1
quote:
The more I think about it, the more I question the ethics of this egregious manifestation of the law. Yes, it’s great that retirees are able to draw money without a federal tax, but can we all agree that having an account for only five years puts those who have saved for much longer at a disadvantage? How should that excuse an individual from withdrawal without taxation?
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