Thread: General Politics Keynesian Job Program / Stimulus Plan
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Old 02-03-2013, 07:14 PM   #111
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Quote:
Originally Posted by La literatura View Post
I never compared an IRA to a consumption tax. I only said that it's possible (very possible, in fact) to save enough to build a nice little nest egg, even with an income tax. This was my response to a comment which I took to basically say, "We would be able to save a nice little nest egg if we didn't have an income tax, but rather had a consumption tax."
Imagine if you paid no tax on money that you saved, though.
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