[RayChuang88]

This is all the reason the FairTax is needed more than ever. We need a tax system that ENCOURAGES saving and investing, not the other way around. By encouraging savings and investing, that will at once start to wean Americans off needing to going into deep debt for economic advancement; imagine being able to buy a house or automobile in cash or with a much small loan because you can afford a much bigger down payment.

[Sacajaweau]

401k's was a government sponsored savings plan....These people have been rocked by the market.

People aren't going to be very quick about putting their money anywhere except into insured accounts or under the mattress....and when you have raw "extra cash"...you just like to watch it stay there. It's a feel good thing.

[Sacajaweau]

401k's was a government sponsored savings plan....These people have been rocked by the market.

People aren't going to be very quick about putting their money anywhere except into insured accounts or under the mattress....and when you have raw "extra cash"...you just like to watch it stay there. It's a feel good thing.

[wastedyears]

It’s a goal of mine to buy my first used car, something I’d like, in cash.