Actually, nevermind...I already knew the answer.
I am going to surrender my 401K the last week of December and put the cash into Simmons Mattress National Bank and Trust. I’ll take the income tax hit on it now instead of next year when Obama lets the capital gains taxes go up.
That money will be gone out of the economy and disappeared. I’m then gonna change my name to Jose Eduardo Conseco Esteves and then forget how to speak English.
I’ll be in a position to start looking for some new credit cards and a brand new house, I think.
The Democrats win either way. If a lot of people cash out their 401k accounts and pay the tax, there is an instant windfall to the treasury. They don’t care how they get our money, they just intend to get it.