Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts

Sunday, May 17, 2009

Social InSecurity 101 Fail

Libs hate anything that makes sense and loves everything that feels good. When Bush and republicans were trying to roll out the Retirement Savings Accounts, the contributions would have been tax deferred and tax free when it came to withdraws after the age of 58. We thought ROTH IRAs were great, RSAs would Lui Kang ROTHs hands down.

Ultimately, the best solution is the Fair Tax, which taxes an equal percentage across the board and only taxes consumption. Investments wouldn't be touched and, therefore, we would see a huge bull market after this transition.



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