Thursday, March 19, 2015

Federal withdrawal "minimum distrbution" law MUST BE REVERSED !! Forcing savers to tap their own savings in an IRA before they want to or need to is unnecessary and onerous to the struggling working poor and declining middle class !!

NO, the US govt does Not need this tax money from most at 70 and 1/2, if the Bush tax cuts for the rich are still on the books. How much have we lost, plus interest??

And all the corrupt 'loopholes' and individual 'rifleshots' in the tax code. Yikes !!

And all the waived taxes, like $2B/yr by California in the only state without an oil extraction tax.  Add it up, over decades, and that is a lot of waived potential tax.

Or taking the about $129k tax ceiling off SSN taxes !! How much is that, since day one off SSN ??

Or tax breaks for profitable companies like GE that should be, if we had truly 'Honorable' Congressfolk, paying huge taxes  to the USA every year.