Quote:
Originally Posted by Relentless
And retiree investment is no different than a bus load of seniors going to play the slots all weekend.
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Then what do you suggest that people do to have a retirement plan?
What should the average person...who is already having funds taken out of his paycheck for a 401K plan supposed to do?
You do realize that ordinary employee type people get tax deferments on their retirement investments, and their employers are required to match those retirement funds as well.
Playing the slots? You obviously have never been here in Vegas and played the slots. lol
A 401K account has always historically gained in value as the years go by. A person at 35 who retires at 65 is going to come out WAY ahead...especially with the tax deferment, matching funds, and lower tax rate on capital gains (it should be ZERO, the govt. has no business putting their greedy paws on that money).
But you are advocating RAISING capital gains taxes?
Now...Mitt Romney (the EVIL Mitt Romney) actually proposed as part of his tax plan that capital gains taxes be left where they are for millionaires...and reduced to ZERO for people making less than a million dollars a year.
But he lost.