pknopp
Diamond Member
- Jul 22, 2019
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It is because it goes in weekly. You are buying stocks or mutualsWhy don't they just limit it to hsts if that's the purpose ......how will this affect the person who weekly have money taken out for their 401?
If you are speaking about income, that's not a trade.
Most do not trade much. But the question was about money being taken out.
Actually when you are forced to take the RMD out of a 401K or IRA you do so by selling off the stocks and/.or mutual fund shares in your portfolio.
So you want to add a tax to buy stocks and\ or mutual funds and a tax to sell those same funds what about the sales of or purchases of funds the people who manage the mutual funds in your retirement make make?
You are basically arguing for death by 1000 cuts
For the majority it would be a very small percent. I'll ask you the same. You want to add to the debt and leave it for your kids so you can get the dessert after dinner?
I disagree.
And letting people keep their own retirement money isn't adding to the debt.
I didn't say that but you know I did not say that.
And i don't have kids. I didn't vote for any of the politicians that have run up the debt.
The corrupt politicians have proven by their actions that no matter how much we allow them to take from us that it will never be enough. We need to force them to spend less b y starving them into submission.
You support being a dead beat country I suppose. Your 401k isn't worth a fraction of where it is at now without the massive debt by the government. It's time to pay for that.
My portfolio is doing just fine thank you very much I'm running double digit RORs and have been for the past 2 years.
And the debt has not added anything to my portfolio since i don't own any US Treasury bonds.
And FYI if the government is paying the interest on the bonds it has issued then it is not a deadbeat
You know what you say is total B.S. The markets have boomed with all the bail outs and stimulus packages.