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alstry (35.21)

It is Time To Tax IRA's and 401Ks

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May 11, 2011 – Comments (6)

As industrial government around the world go broke, retirement accounts including pensions, IRAs, 401Ks etc will be the last pool of money to tax as fewer and fewer have jobs and the revenues being generated from income taxes are simply insufficient to fund operations.

Remember, as a citizen of a nation, you are JOINTLY and SEVERALLY liable for the debts the politcians you elected incur....just like you would be responsible for your spouses debts on a joint account.

A few years ago I warned you this would come if we didn't stop the Zombulator.....expect this trend to spread quickly globally as more and more industrial economies contract.

http://market-ticker.org/akcs-www?post=185861

In the end....when the system you live in collapses......you collapse as well as defined by your success in that system.

IT IT TIME TO THINK......SYSTEMICALLY.

6 Comments – Post Your Own

#1) On May 11, 2011 at 9:16 AM, alstry (35.21) wrote:

This would almost be comical if it weren't true....expect this trend to spread globally..the liquidation of investment,savings, and retirement accounts and the liquidation of national treasures.

http://finance.yahoo.com/news/Greece-to-conduct-bold-rb-2496582013.html?x=0&sec=topStories&pos=1&asset=&ccode=

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#2) On May 11, 2011 at 9:19 AM, bottomfisherman (33.33) wrote:

First its time to start taxing churches, cults and those that work for them. Leave retirement savings alone.

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#3) On May 11, 2011 at 9:35 AM, alstry (35.21) wrote:

Taxing churches, synagogues, mosques, cults....quakers, shakres, and candlestick makers.....if you taxed em all....it is just the beginning.

The annual deficit is $1.6 trillion dollars......that amount of money doesn't exist through taxing any single area....

We must tax EVERYTHING....or restructure the system.

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#4) On May 11, 2011 at 9:42 AM, buffalonate (95.93) wrote:

I hear they want to tax every post alstry makes. 

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#5) On May 11, 2011 at 9:50 AM, alstry (35.21) wrote:

That still wouldn't be enough.....

The deficit is $1.6 Trillion dollars......

That deficit generates OVER $500 billion dollars income tax receipts.....

Without the deficit, our income tax receipts would collapse by more than 50%

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#6) On May 11, 2011 at 11:28 AM, L0RDZ (84.09) wrote:

Glad to see your back  ALSTRY.....   :)

 

 

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