In response to:

Fiscal Cliff Idea: How About We Tax Your 401k?

HarryReidsAGreatAmerican Wrote: Nov 29, 2012 8:48 PM
It's really simple. The country needs more revenue. This is a potential revenue stream.
MudontheTires Wrote: Nov 29, 2012 11:24 PM
The country needs more revenue.

Then do what Reagan did. Cut taxes and get the government off peoples backs. But don't let Congress go on a spending spree like Tip O'Neil and the dems did.
oldervoter68 Wrote: Nov 29, 2012 9:39 PM
Hairy might (remotely) be a great American, you have no chance of ever becoming one.
Don6266 Wrote: Nov 29, 2012 9:05 PM
No not simple, just pure theft. What we need is less spending ie; food stamps, rent, insurance and stop illegals from getting gov't money. Oh almost forgot subsudies like "green energy".
Petrus64 Wrote: Nov 29, 2012 9:05 PM
No, it needs to stop spending money it doesn't have.
Don6266 Wrote: Nov 29, 2012 9:02 PM
No not simple, just pure theft.
Selfmade707 Wrote: Nov 29, 2012 8:59 PM
It doesn't belong to them, tard. It's immoral and against the law to steal.

How do you feel about the government touching your private retirement account known as your 401k in order to "pay down the deficit?" Not so good? Already feel like the government has stolen your retirement through Social Security? Well get ready because taxing the 401k is floating around as an idea while the fiscal cliff talks on Capitol Hill continue.

One of the earliest fears about tax-favored savings accounts like IRAs and 401(k) plans was that when this pool of savings grew large enough Congress would not be able to resist tapping it to help solve the...