Posted on 12/14/2010 5:26:27 AM PST by IbJensen
You would have thought that we learned. Apparently, we didn't — Obama Care — another huge government bureaucracy that strips the middle class.
Just thought I would point out:
(1) The ONLY reason 401K’s exist is to avoid income taxes.
(2) If there was no income tax, there would be no 401K’s to take (and you wouldn’t be jumping through all these hoops you do now to save for your retirement).
The next time someone asks you about the Fair Tax, remember those two facts.
Then are we in agreement? The 401K issue is a hot button because as one who is only 3 years from receiving it, I would not have sufficient time to build up other assets.
Yes, we were lied to, but I expect it out of Washington. I don’t view social security or medicare deductions any differently than income tax deductions. They’re just additional taxes to me. It’s not right, but it is what it is. That’s why I try to structure my life and my finances in such a way that I never need to depend on government for anything. There was never any hope of getting rid of social security once it became entrenched in the American society. That’s why it’s so important to get rid of Obamacare before it becomes entrenched. Fortunately for us, there are a couple years to get this done. Implementing Obamacare over a period of four years may have been politically necessary to get the deal done, but it gives those of us who oppose it time get rid of it before permanent damage is done.
It’s been being floated for at least a year now.......
So, what your saying is that the 1913 act that created the Infernal Revenue Service and the income tax should be abolished.
Let’s just take care of the occupants of the White Hut, sever Soros from America and then tear up the Federal Socialist Government.
There should be some “I told you so” moments.... for what it is worth. I also expect some shenanigans, too as they try to keep the Obamacare behemoth afloat.
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