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05-29-2007, 07:58 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Jul 2006
Posts: 1,901
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Evil schemers?
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“I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said” Alan Greenspan
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05-29-2007, 10:16 AM
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#2
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Full time employment: Posting here.
Join Date: Apr 2006
Posts: 897
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Ahh. Pretty good article. Another nail in the coffin for funding a Roth IRA. Until that gets raided. Assuming you qualify to contribute, yadda yadda.
-CC
__________________
"There's those thinkin' more or less, less is more, but if less is more, how you keepin' score?
It means for every point you make, your level drops. Kinda like you're startin' from the top..." "Society" - Eddie Vedder
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05-29-2007, 02:46 PM
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#3
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Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
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I mis-read the title of your thread. I thought it said "Evil schmears." Cream cheese? Evil?
__________________
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No more lawyer stuff, no more political stuff, so no more CYA
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05-29-2007, 08:00 PM
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#4
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Recycles dryer sheets
Join Date: Oct 2005
Posts: 325
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who's to say that tax rates or the particular law in question won't change in the next 20 years. Hell, who is to say SS will even be around in the next 20 years. Still, for our govt. to use a fixed dollar amount in any legislation is just stupid.
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05-29-2007, 08:17 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
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Quote:
Originally Posted by CybrMike
Still, for our govt. to use a fixed dollar amount in any legislation is just stupid.
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Or manipulative and abusive.
Ha
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"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
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05-30-2007, 02:16 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Jul 2004
Posts: 1,428
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Quote:
Originally Posted by haha
Or manipulative and abusive.
Ha
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Having listened to some of the exchanges between the CBO and Congressional Committees, I agree. The CBO does try to tell Congress Critters of "unintended consequences" that their projections reveal. One tends to assume that either the critters are deaf, brain-dead, or slime-balls. I prefer the latter explanation but suspect the brain-dead explanation.
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05-30-2007, 05:28 AM
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#7
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Recycles dryer sheets
Join Date: Jan 2006
Posts: 369
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Quote:
Originally Posted by CCdaCE
Ahh. Another nail in the coffin for funding a Roth IRA. Until that gets raided. Assuming you qualify to contribute, yadda yadda.
-CC
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Nail in the coffin is bad isn't it
W
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05-30-2007, 06:12 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,490
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Quote:
So I'll ask the question again: Are politicians hapless boobs or evil schemers?
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A: all of the above (but we already knew that)
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05-30-2007, 06:24 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,203
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The problem with some of this budget crap is that you have to pay as you go.... so, pass something that cost money and index for inflation it cost more.... you hope that when it comes time, they will vote in a higher amount and pay for it then... or you claim that letting your 5 yr tax cut not continue will NOW be a tax increase.....
So, it seems like someone does not want to move the level up because they have to pay for it... and I am sure that it would cost a LOT of money..
Also, IIRC this is only one of a couple of items in the code not indexed.... I believe AMT is the other big one... a small one is the estate/gift tax exemption...
(yes I know that this was passed before pay as you go.... but it was the same concept)...
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05-30-2007, 07:32 AM
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#10
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Full time employment: Posting here.
Join Date: Apr 2006
Posts: 897
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Quote:
Originally Posted by wallygator69
Nail in the coffin is bad isn't it
W
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Yeah, for NOT funding a Traditional, and therefore, funding a Roth instead. I guess I could've made a clearer statement.
-CC
__________________
"There's those thinkin' more or less, less is more, but if less is more, how you keepin' score?
It means for every point you make, your level drops. Kinda like you're startin' from the top..." "Society" - Eddie Vedder
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