Recent content by The Kid

Yes you would need to pay the Fair Tax but you would otherwise have to pay the embedded taxes anyways. The beauty of the Fair Tax is that it eliminates the "non value added" cost of the IRS and all of the compliance lawyers. If you are not in that group, I do not see who it is a negative for.

All the candidates seem to support the "stimulus" package except for Huckabee who proposed using the money to build roads using American concrete, steel and workers. Unfortunately, most voters would rather take the check and hope the bridge survives the traffic jam on their way home from Best...

I lived in Florida for 20 years and moved out in 2004. While I benefited from lower taxes (about a third of one neighbors but more than double another) I never saw the law as fair. Adding portability means that first time buyers are going to be hit even harder in the future. (By no means do I...

After being downsized by Megacorp 1 7 months ago and spending a very pleasant time fishing and hiking with my dog I am about to join Megacorp 2. The time off has confirmed that I want to FIRE in about 5 years. My question is what to do with my 401K from Megacorp 1? (about 400k) 1. Leave in...