To: sportutegrl
It will force boomers to pay taxes again on already taxed Roth IRA savings. I prefer Steve Forbes 17% flat tax proposal. It hits the blue staters the hardest. So what. And those with 401(k)s and other pre-tax retirement plans will not have income taxes taken from them. And regarding the flat tax, remember, our current income tax code started as a flat tax on only very few people and it has grown into the monster it is today.
9 posted on
08/18/2005 7:58:06 AM PDT by
Phantom Lord
(Fall on to your knees for the Phantom Lord)
To: Phantom Lord
So what. I have my retirement in Roths. I have already paid tax on this and was led to believe that I would not be taxed again on this money.
62 posted on
08/18/2005 3:33:02 PM PDT by
sportutegrl
(People who say, "All I know is . . ." really mean, "All I want you to focus on is . . .")
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson