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And, he didn't suggest 10% on gains, but on the balance

Posted on: January 25, 2019 at 10:26:37 CT

Mormad MU

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M.O.B. Votes:

which means the same balance would be getting taxed year after year, irrespective of return. It would kill the incentive to invest in 401ks.

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MESSAGE THREAD

****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