To: IbJensen
This is going to get really interesting as the US gubmint and like minded spend-a-holics run out of other people's money. Desperation is going to set in if it hasn't already. There is simply no way the Feds will leave the pool of money in IRA's and 401K's alone. They've already floated a "one time 30% tax on retirement savings" back when the Progressives were trying to pass Hillary-care. The other thing they floated back then was the idea of an "imputed tax", meaning that if you own a home that could be rented you would pay tax on whatever the gubmint thinks you could rent it for. Never mind that you would have to find another place to live if you did rent your house.
3 posted on
01/07/2014 4:55:18 AM PST by
Thermalseeker
(If ignorance is bliss how come there aren't more happy people?)
To: Thermalseeker
Yeah... bad things will happen should that ever come to fruition.
4 posted on
01/07/2014 4:58:18 AM PST by
Crazieman
(Are you naive enough to think VOTING will fix this entrenched system?)
To: Thermalseeker
I bet they’ll also want an “imputed tax” on the labor of stay-at-home mothers.
15 posted on
01/07/2014 6:28:30 AM PST by
Little Ray
(How did I end up in this hand-basket, and why is it getting so hot?)
To: Thermalseeker
That was for any secondary home not for one’s primary residence....but it was still a horrible deal!
18 posted on
01/07/2014 7:44:09 AM PST by
mdmathis6
(Secret Societies are like Sasquatch, you never catch one but they do leave footprints!)
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