To: traditional1
The sucking sound you hear from the stock market is the people closing out their 401k’s (whats left of them) and taking a 15% tax instead of who knows what.
this is just a tip of the iceberg what the marxists plan on grabbing.
28 posted on
11/07/2008 6:09:45 AM PST by
o_zarkman44
(Since when is paying more, but getting less, considered Patriotic?)
To: o_zarkman44
"
The sucking sound you hear from the stock market is the people closing out their 401ks (whats left of them) and taking a 15% tax instead of who knows what."
You're obviously not one of them or you'd realize that including the early withdrawal penalties it is much higher than 15%. Of course if you lost money then there is 0% capital gains tax to be paid regardless of the tax rate.
49 posted on
11/07/2008 6:40:46 AM PST by
HawaiianGecko
(48, one in the box and one in the bush.)
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