Posted on 02/29/2024 5:31:44 AM PST by Red Badger
Metzenbaum was a real piece of work. He was also a rabid anti-gun zealot.
All of this cost the government an estimated $185 billion in 2019, or 0.9% of GDP.
No, it doesn't.
Not taxing citizens cost the government nothing.
“taxing unrealized gains”
That is going to be fun to watch.
Wealthy folks in those states should move out of there now—why take a chance?
There’s an old cartoon I remember about republicans screwing over the poor people.
The republicans finally took control over Ohio by eliminating the “Echeck” program (auto tail pipe emissions testing) and it’s results. If you had any kind of vehicle that could tow a boat or trailer you failed. It was hilarious to watch, I’ve never seen so many pissed off people. I had a guy standing next to me with a clipboard. The guy testing failed my van, but ran it through again because of the guy with the clipboard. It passed the second try.
I imagine the current EPA talks are making Ohioans nervous again, lol.
I have a clipboard next to my front door now, lol.
Let’s hear it for Fear Porn!
Sometimes I wonder ... should we call this website FearPornBlick?
Good morning, FearPers! What can we FRet about today?
The savings are tax deferred. They will be taxed later. Likely at higher tax rates with the passing of time.
It was always coming. Way back under Hillary’s Healthcare Panel, Teresa Ghilarducci was promoting a one-off assessment of 401Ks to fund HillaryCare.
Saving is Unfair to the Poor
President Biden, along with Senators Elizabeth Warren and Bernie Sanders, all believe government should take care of you, not that you should try to take care of yourself.
Rather than encourage more saving, the ultra-Left proposal is to call saving unfair to the poor and eliminate 401Ks for everyone.
Ever notice it’s always about transferring wealth to the government, and never about the government spending problem?
If the Federal Government were to shrink by about 40% a lot of America’s big problems would either shrink drastically and/or disappear all together. That’s good for America, but bad for Washington and the parasite class which means it will only be accomplished by extreme measures. The dems are 100% against anything that even slows down the growth of government, and far too many Republicans evidently feel the same way. America needs REAL leadership, and there is a dearth of that in Washington.
Personally, I expect the government to steal everything. They really are evil in every way. Bastards.
Sounds like they had it in for anything with a V8 engine.
There are some states that are strongly considering taxing unrealized gains.
“..They don’t care about the tax money, they care about destroying the middle class and the American way of life....The money is the excuse, confiscation is their goal....”
^THIS^
“..You’ll own NOTHING and be happy.....”
Work your sorry arse off all your life trying to raise a family and make ends meet, all the time paying their thieving vile taxes, while trying to do the “right thing”, and maybe save a little for your old age years. Then, have some puke, socialist/communist greedy SOB come in and steal it all? To give to some undeserving lazy POS? All in “fairness” to the poor?
They can ALL go F themselves and ESAD.
Let’s make a deal: Go ahead and confiscate my retirement plan and, in return, give me back ALL the money that I, and my employer, paid in over the years...with interest based on the going interest rate for each year that it was paid in, we’ll call it “fair” and walk away never to be seen or heard from again.
Whadda bunch of greedy POSs......
No, it was pretty much anything. I was driving a 6 cylinder. Even brand new cars were failing. What was funny was my sister’s car back axle must have been offset somewhat and it tried to climb the rollers sideways, lol. All kinds of stuff liked that happened. Echeck put the republicans in power. Lack of E-Verify for illegals is going to boot them out.
Shedlock wrote a very disjointed and incoherent piece.
Normally he’s better than that.
And damn you autocorrect.
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