tag:blogger.com,1999:blog-3098264341625381422.post5216628291052830538..comments2024-03-18T17:01:07.165-07:00Comments on The Provocateur: Point Counter Point Weekly Addressesmike volpehttp://www.blogger.com/profile/02999118519606254362noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3098264341625381422.post-35342862374957062252009-09-07T07:47:25.650-07:002009-09-07T07:47:25.650-07:00Um, what?Um, what?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-52969175699004856722009-09-06T19:49:30.688-07:002009-09-06T19:49:30.688-07:00Of course, the sales tax is a double tax. in fact,...Of course, the sales tax is a double tax. in fact, that's an even worse double tax. You need to earn money to buy stuff. So, the government taxes you on your earnings and on your spending. Taxes are rarely reckless. Since when is giving the people more of their money back reckless. What kind of an attitude is that? <br /><br />Those that don't max out their 401ks aren't likely to put that money into their 401k. If that were the case, they'd simply have more of their money put into the 401k on its monthly schedule. The logic of Obama is off. If someone isn't maxing out their 401k, they aren't likely to use that money to put back into a 401k. <br /><br />It's not like these folks can't already add to their 401k. So, why would they use this money to add to the 401k.mike volpehttps://www.blogger.com/profile/02999118519606254362noreply@blogger.comtag:blogger.com,1999:blog-3098264341625381422.post-77338717210612891162009-09-06T12:10:13.463-07:002009-09-06T12:10:13.463-07:00I suppose you think its double taxation because yo...I suppose you think its double taxation because you pay tax on income and then on capital gains when you realize profits on the wages you invested. By that logic, sales taxes are double taxation, too because you pay tax when you buy things with the money you earned after already paying income tax on it. Its a week argument in practice, really.<br /><br />Less than 10% of Americans max out their 401k's, so there's plenty of potential improve our nation's tax-free savings without resorting to reckless tax cuts like the one you proposed.Anonymousnoreply@blogger.com