Want to raise a bit of revenue???

[nat4900]

so you don't understand that when people buy stocks and mutual funds for their retirement that those are "Wall Street transactions"

I FULLY understand that (and such transactions could be exempt)...but do YOU realize that those retirees are going to be "funding" the tax cuts for the billionaires under the proposed tax plan by the GOP???

 

[Skull Pilot]

so you don't understand that when people buy stocks and mutual funds for their retirement that those are "Wall Street transactions"

I FULLY understand that (and such transactions could be exempt)...but do YOU realize that those retirees are going to be "funding" the tax cuts for the billionaires under the proposed tax plan by the GOP???

the government already is raping retirees by taxing the gains on their 401 k as regular income and by forcing people to take out minimum required distributions or suffer huge monetary penalties.

And tax cuts do not need to be funded. Tax cuts have no cost.

Spending is what costs taxpayers