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IRS fucking over people with IRAs

By Dan8267   Follow   Thu, 28 Jun 2012, 9:07pm   674 views   6 comments
In Boca Raton FL 33433   Watch (1)   Share   Quote   Permalink   Like   Dislike  

http://online.wsj.com/article/SB10001424052702304441404577480690440266320.html

IRAs should be simple and easy. You should be allowed to contribute a good deal of savings and withdraw them when you need to, no sooner or later. But the greedy IRS still wants to fuck you and makes things difficult. Meanwhile, you're dependent of social security and that accounts for a quarter of federal spending and is going bankrupt. Good job IRS.

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1. lisalisa Follow Befriend 1 threads 79 comments New Lenox, IL

   1   5:22am Fri 29 Jun 2012   Share   Quote   Permalink   Like   Dislike   I live by the addage "if you don't have anything good to say, don't say it"... so that's my comment......... especially the IRS

2. zzyzzx Follow Befriend (9) 410 threads 4,107 comments Baltimore, MD

   2   6:00am Fri 29 Jun 2012   Share   Quote   Permalink   Like   Dislike   Isn't it easy enough not to exceed the contribution limit and make mandatory withdraws?

3. tatupu70 Follow Befriend (3) 15 threads 5,606 comments

   3   6:04am Fri 29 Jun 2012   Share   Quote   Permalink   Like   Dislike   I agree with zzyzzx-- To what, specifically, do you object? The rules are in there for a reason. Otherwise the 1% would abuse the IRA to avoid paying taxes...

4. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   4   12:22pm Fri 29 Jun 2012   Share   Quote   Permalink   Like   Dislike   Hey, no one ever accused the Federal Government of acting in the interests of regular people.

5. clambo Follow Befriend (5) 1,070 comments Santa Cruz, CA

   5   1:35pm Fri 29 Jun 2012   Share   Quote   Permalink   Like   Dislike   It's not the "greedy IRS" only. It's the Democrats. See how this is called "low hanging fruit"? Well, so is your 401K and Roth IRA. The Democrats now want to go after anything which has money in it. We're all in the cross hairs. I still remember when they raised taxes on variable annuities. "The study found that only rich tend to own annuities. They can therefore afford the new tax." This is how all liberal loser shitheads think, that if you have something they should be able to take some of it since you "can afford it." I can't afford anything. I am saving up for my private island reachable by helicopter, staffed by bikini models/bodyguards/nurses.

6. FortWayne Follow Befriend (13) 102 threads 3,759 comments

   6   1:40pm Fri 29 Jun 2012   Share   Quote   Permalink   Like   Dislike   What is wrong with 401k's? Why not 401b's? Or are public sector unions too good all of a sudden?