Quote:
Originally posted by Mmmm, Burger (C.J.)
Oops, my mistake. You do pay before putting it in. The money you take out is untaxed. Same difference, mathematically, and for this policy purpose. Either way dividends and gains are untaxed (or taxed only once).
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The whole "expanding Roths to everyone" is bullshit on two levels -- (a) they want the immediate revenue to offset other tax cuts/this will fuck future revenues and (2) huge, huge shelter for the wealthy. HUGE.
