Recent content by Jersy

Madeline makes a good point that all income is taxable. But congress has the power to exempt income from being taxed (i.e. gains in a Roth IRA). My suggestion is make all investment income tax exempt and then impose a fee (like a sales tax) on the investment itself. This type of arrangement...

I am brand new to the board and have enjoyed what I have read so far. I thought I would use my first post to open a discussion on a subject I am passionate about. With the Bush tax cuts expiring soon and the administration’s interest in preserving some for lower income taxpayers, congress will...