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-   -   Obama Obama budget caps individual retirement accounts at $3 million (http://www.chiefsplanet.com/BB/showthread.php?t=272044)

Otter 04-13-2013 08:51 AM

Quote:

Originally Posted by BigRedChief (Post 9581618)
The government has the right to decide tax breaks or deferrments.

I'm sure you can save however much you want. But, the government will only allow you $3 million in tax deferred $ until you are ready to pull the money out.

Don't see the outrage here. A $3 million tax deferred nest egg is damn generous. I thought we were broke?

http://t1.gstatic.com/images?q=tbn:A...YLI3bReJxJE7sV

Comrade Crapski 04-13-2013 09:22 AM

Confiscation.

Won't be long, now.

Ace Gunner 04-13-2013 09:39 AM

fascist slight of hand -- first establish the principle in benign manner, then give it teeth later.

FD 04-13-2013 10:16 AM

And another thing, keep the governments hands off my Medicare!

Loneiguana 04-13-2013 10:46 AM

Quote:

Originally Posted by FD (Post 9583105)
And another thing, keep the governments hands off my Medicare!

It's funnier in sign form:

http://soldiersystems.net/blog1/wp-c...y-medicare.jpg

BucEyedPea 04-13-2013 10:51 AM

Quote:

Originally Posted by FD (Post 9583105)
And another thing, keep the governments hands off my Medicare!

Especially, after they've paid into it for so many years. Talk about more theft!

BucEyedPea 04-13-2013 10:52 AM

Quote:

Originally Posted by Comrade Crapski (Post 9582848)
We can wallpaper the house!

ROFL

Rain Man 04-13-2013 11:02 AM

Aren't there limits on what you can defer anyway? Can you get more than $3 million deferred if you have average annual returns? It seems like this is a bigger issue for people who are really good at picking stocks.

BigRedChief 04-13-2013 11:55 PM

Quote:

Originally Posted by BucEyedPea (Post 9582838)
You don't understand incrementalism.

According to some posts on here, it means Obama is Hitler.:hmmm:


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