SENATE BILL: The Severe Disability Savings Plan Act (Law'd) (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
May 31, 2024, 08:24:31 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  Atlas Fantasy Elections
  Atlas Fantasy Government (Moderators: Southern Senator North Carolina Yankee, Lumine)
  SENATE BILL: The Severe Disability Savings Plan Act (Law'd) (search mode)
Pages: [1]
Author Topic: SENATE BILL: The Severe Disability Savings Plan Act (Law'd)  (Read 1132 times)
President Tyrion
TyrionTheImperialist
Sr. Member
****
Posts: 2,787


« on: May 23, 2014, 08:44:06 AM »
« edited: May 23, 2014, 08:46:10 AM by Senator Tyrion »

Why exactly are we taxing the entirety of post-tax income as income a second time? Either the growth should be taxed, or it shouldn't be taxed at all.

Quote from: Restricted
You must be logged in to read this quote.
Logged
President Tyrion
TyrionTheImperialist
Sr. Member
****
Posts: 2,787


« Reply #1 on: May 26, 2014, 07:25:57 AM »
« Edited: May 28, 2014, 11:18:29 PM by Senator Tyrion »

Wait, not taxing it at all is an option you would have accepted, DC? Well, I'm totally ok with that. I was playing the middle!

I should have withdrawn my amendment. Sorry for wasting time.

I still vote AYE, however, so we can keep the language about making sure the federal matching funds aren't gamed by being withdrawn immediately. DC, I will totally support an amendment removing the tax and cleaning up the language from over here across the aisle.

What difference does it make if it is withdrawn before or after 20 years?

I just wanted to prevent gaming the system by grabbing the matching funds and then withdrawing them immediately, instead of using this as a long term savings account.
Logged
President Tyrion
TyrionTheImperialist
Sr. Member
****
Posts: 2,787


« Reply #2 on: June 06, 2014, 06:23:53 AM »

Aye FTR
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.017 seconds with 11 queries.