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Old 02-14-2015, 10:15 AM   #16
Fishpart
Keep The Change
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Join Date: Oct 2000
Location: The Road to Serfdom
Posts: 3,275
Quote:
Originally Posted by rphud View Post
Sometimes a pilot friend of mine's saying comes to mind...."It's always darkest right before you hit the trees."

Maybe Hillary can fix it just like Bubba did.

The way Bubba fixed the budget was actually quite ingenious and I doubt his Worst Lady can do the same.

Through a shrewd sleight of hand, when the Roth IRA was created, it included the option to "roll over" your traditional IRA and pay the taxes. Right a the peak of the tech bubble, Billion$ in previously untaxed money was rolled over and taxed at 30% of its market value (which happened to be close to the peak), the governments coffers were flooded with unplanned revenue, the budget appeared to be balanced and the sheeple were happy.

“It’s not up to the courts to invent new minorities that get special protections,” Antonin Scalia
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