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Brown Cafe UPS Forum
UPS Retirement Topics
I need advice on 401K
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<blockquote data-quote="rod" data-source="post: 1841438" data-attributes="member: 5382"><p>Personally I think if everyone paid a flat across the board 10% of their income it would lessen the burden on the average tax payer. There are so many loop holes, exemptions and write offs that it is debatable if even 1 % of the taxpaying public is paying the correct amount. I especially like those who brag about all the crap they write off. Why, just because you sell a few cleaning products on the side to basically just your relatives and friends and have a "desk" in a spare bedroom, are you allowed to write off all those "business" expenses and heat and lights and mileage and depreciation etc,etc,etc. They whole income tax system needs to be thrown out and simplified.</p></blockquote><p></p>
[QUOTE="rod, post: 1841438, member: 5382"] Personally I think if everyone paid a flat across the board 10% of their income it would lessen the burden on the average tax payer. There are so many loop holes, exemptions and write offs that it is debatable if even 1 % of the taxpaying public is paying the correct amount. I especially like those who brag about all the crap they write off. Why, just because you sell a few cleaning products on the side to basically just your relatives and friends and have a "desk" in a spare bedroom, are you allowed to write off all those "business" expenses and heat and lights and mileage and depreciation etc,etc,etc. They whole income tax system needs to be thrown out and simplified. [/QUOTE]
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I need advice on 401K
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