Thursday, October 23, 2008

Eliminating the Tax Benefits of 401k's

Oh, you so knew this was going to happen.

And all you dumb Gen-xer's out there who thought the "Roth" was too good to be true.

Yeah, it is.

I wonder how that will affect the value of stocks?

1 comment:

Bike Bubba said...

Lessee....let's start with an ex post facto recanting of a government promise, add to it the subtraction of billions of dollars from the pool of available capital, and direct it to government.

And for some reason, the major media are all worried about Palin's wardrobe instead of some of the stupidest economic thinking to come down the pike in...

....well, this being Democrats, we're talking WEEKS, man. Yeesh.