[Libloather]

Why not?

[wally_bert]

I’m a very piddly buyer.

A break to do more would be nice.

[Lurkina.n.Learnin]

“Why not?”

Surely you jest. Bernie needs that money.

[DesertRhino]

The current interest rates are the incentive.

[Bryan24]

They need to put forward a plan that penalizes or even prohibits day trading. At present, the day-traders and market manipulators are simply gambling/running high speed numbers games with our money.

[max americana]

you mean gun stocks? Great idea!

[Raycpa]

Basically a Roth without having earned income limits.

[plain talk]

“Under one scenario, a household earning up to $200,000 could invest $10,000 tax-free”

It doesn’t say but presumably this is $10K per year. In any event this radical House would probably not go along with it.

[PTBAA]

Count pensions and SS payments as earned income that can be used to buy Roth IRAs.

[Brian Griffin]

It’s not any government’s job to enrich Wall Street.

[cranked]

One reason not, imho: The continued unsustainable rise in US national debt - one report from CBO already estimating national debt will hit 144+/-% of GDP. The national and global implications are disastrous.

[Brian Griffin]

This tax cut nonsense needs to stop.

We are running huge deficits.

[Chgogal]

As long as people can handle a down market, I am OK with this. People need to realize the market can go down and will go down. If you can handle the bad times, the market is great.

[KarlInOhio]

I vote no on this. I don't like the "do a trick, get a cookie" sections of the tax code whether it is for investing in stock or putting up solar panels. Remove social engineering from the tax code. Simplify the tax code and reduce the rates.

[Clemenza]

Don’t we call this an IRA?

[MrEdd]

Because the stock market is controlled by international banking cartels.

Invest in profitable businesses or real estate instead.

[zeestephen]

Better idea...

Just increase the amount you can invest in your 401K.

Instead, this new tax free idea will require hundreds of pages of new rules and legal interpretations, hundreds of new auditors, and thousands of private lawyers and financial experts to advise the new investors.

[RainMan]

Hope it would be for more than just stocks. I do apartment syndication’s where we raise money from private investors through 506(b) compliant private offerings.

[livius]

Great idea!

[CincyRichieRich]

One of the reasons will hopefully be to reprogram a lot of people that instead of hating corporations and CEOs they can actually make money also. There’s an awful lot of re-education that needs to happen for this country to survive.

[Revel]

https://www.youtube.com/watch?v=SFEewD4EVwU