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Politics : PRESIDENT GEORGE W. BUSH

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To: Jorj X Mckie who wrote (213288)12/29/2001 12:42:45 PM
From: DMaA  Read Replies (2) of 769669
 
What I fear is this is preliminary to some big effort to "fix" 401ks. Inevitably any attempt to fix them will be seized as an opportunity to ruin them. If there is a problem, it is the fact that we tax capital gains. Eliminate capital gains taxes and no one will need 401K, IRA's and the rest of the gimmicks.

It's all smoke and mirrors to make us feel grateful to Washington for "helping" us save for retirement - with our own money.
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