Reflection of America's Mentality

[HoneyBadger]

nynco... STOP! You sound like every single idiot liberal on this subject. If you don't know how it works, don't assume shit. First, most investments are made with ALREADY TAXED INCOME- it would be retarded to tax people twice on the same money... Second, people tend to spend what they make, it's not like the millionaires and billionaires just stuff $100,000 in their mattresses every month. You make $50K a year you buy a house that you can afford, then pretty much spend the rest on what is commensurate to your income. You make $2M a year, you buy a house you can afford and spend nearly all the rest on various things as well.

Nynco, have you ever purchased stock before? If so, did they let you use pre-taxed income to do so? No, that's not how it works.

Not picking sides here, but what about a Roth IRA?

[ChunkyMonkey]

Not picking sides here, but what about a Roth IRA?

ROTH is post tax. So per nynco, you need to pay much more tax on the gain again despite the fact. This will shut down wallstreet and foreign investment overnight. That libtard really can make my monday.