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There is over $6T in 401Ks alone, wealth that has

Posted on: January 25, 2019 at 10:13:16 CT
Bulldog Bob Brown STL
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Accumulated outside the reach of taxation at the time of deposit.

An annual tax of 10% on the balances could generate $600,000,000,000 a year.

And doing this you expand the funding responsibility to many more folks. That’s a good thing as funding the needs of government is the primary responsibility of the citizen.

Edited by Bulldog Bob Brown at 10:19:11 on 01/25/19
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****ing socialists - TheShoe STL - 1/25 09:44:12
     Don't tax you. Don't tax me. Tax that fellow - Alferd Packer MU - 1/25 10:37:09
     There is over $6T in 401Ks alone, wealth that has - Bulldog Bob Brown STL - 1/25 10:13:16
          So, basically just take the income EVERY year. - tigerdb MU - 1/25 10:27:52
               whatever it takes to feed the Federal Gvmt - MBS, you - 90Tiger MU - 1/25 10:35:49
               Do we need to increase revenue to the federal government - Bulldog Bob Brown STL - 1/25 10:31:39
               Yup - mizzouSECedes STL - 1/25 10:30:22
                    just do your part, be fair (nm) - 90Tiger MU - 1/25 10:36:48
          Also, vast majority of 401ks don't get 10% - mizzouSECedes STL - 1/25 10:22:42
               And, he didn't suggest 10% on gains, but on the balance - Mormad MU - 1/25 10:26:37
                    get with the program, it's imperative we maintain federa - 90Tiger MU - 1/25 10:39:11
                         I assume BBB is just stoking - Mormad MU - 1/25 10:47:20
               Not important(nm) - Bulldog Bob Brown STL - 1/25 10:26:04
          Double taxation on Roth 401ks? - mizzouSECedes STL - 1/25 10:20:43
               You obviously don't know Bulldog Bob (nm) - MrBlueSky MU - 1/25 10:29:26
                    I guess I don't - mizzouSECedes STL - 1/25 10:32:37
               Pay your bills. (nm) - Bulldog Bob Brown STL - 1/25 10:24:18
                    What? (nm) - Sal KC - 1/25 10:27:44
                    What bills? (nm) - mizzouSECedes STL - 1/25 10:24:41
                         The bills(nm) - Bulldog Bob Brown STL - 1/25 10:25:26
                              Cosby? Clinton? Goldberg? - tigerdb MU - 1/25 10:34:20
     agreed (nm) - Sal KC - 1/25 09:53:33
     agreed, socialist. and? (nm) - 90Tiger MU - 1/25 09:53:23
     Once the gibmedats start flowing, there's no going back - Ragnar Danneskjold MU - 1/25 09:46:42
          yup. I'm wondering what theShoe and MBS are happy about - 90Tiger MU - 1/25 09:55:05
               Because it's a Fox News poll - Ragnar Danneskjold MU - 1/25 09:57:32
                    yup (nm) - 90Tiger MU - 1/25 09:59:53
     LOL - MrBlueSky MU - 1/25 09:46:26
          A flat tax would solve it all (nm) - TheWildcat STL - 1/25 10:00:05
               If by solve you mean further concentrate - MrBlueSky MU - 1/25 10:04:08
                    You close all loopholes. They would pay far more and - TheWildcat STL - 1/25 10:09:08
                         What % would this flat tax need to be? - MrBlueSky MU - 1/25 10:13:05
                              to do what? (nm) - 90Tiger MU - 1/25 10:20:46
                                   Match current revenue levels (nm) - MrBlueSky MU - 1/25 10:22:40
                                        revenue? lmfao. what a term. Why do you want to match - 90Tiger MU - 1/25 10:24:51
                                             Sure cut some spending, as I've said. - MrBlueSky MU - 1/25 10:27:40
                                                  The original flat taxer movement set it at 15% - Mormad MU - 1/25 10:31:08
                                                       Which would be a massive tax cut for the wealthiest - MrBlueSky MU - 1/25 10:32:50
                                                            Except that if you eliminate loopholes - Mormad MU - 1/25 10:36:36
                                                                 You could have a wealthy individual who makes zero income - MrBlueSky MU - 1/25 10:38:41
                                                                      Correct, that's why it becomes a flat tax - Mormad MU - 1/25 10:40:40
                                                                           Which is the case for much of the wealthy now(nm) - MrBlueSky MU - 1/25 10:43:10
                                                                                go get those fvckers! (nm) - 90Tiger MU - 1/25 11:01:41
                    what problems are you planning to solve with a 70% rate - 90Tiger MU - 1/25 10:08:08
                         Not my proposal. And a 70% marginal rate on - MrBlueSky MU - 1/25 10:12:42
                              I asked you a simple question. what problems are you trying - 90Tiger MU - 1/25 10:15:41
                                   Something resembling a budget would be a good start - MrBlueSky MU - 1/25 10:22:30
                                        We already have a government office that - mizzouSECedes STL - 1/25 10:23:54
                                             When was the last time Congress passed a budget?(nm) - MrBlueSky MU - 1/25 10:26:44
                                                  When's the last time the government - mizzouSECedes STL - 1/25 10:33:26
                                                  then why are you expecting it to happen? (nm) - 90Tiger MU - 1/25 10:27:35
          where's the funny part? (nm) - 90Tiger MU - 1/25 09:53:41
               It's funny because it's the most unsurprising poll ever - MrBlueSky MU - 1/25 09:55:12
                    i don't get it (nm) - 90Tiger MU - 1/25 09:59:37




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