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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

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    the correct details (none / 0) (#3)
    by HouseStaffer on Thu May 12, 2011 at 03:00:09 PM EST
    The tax plan will take a couple of years to phase in, but the end result will be that a person with a pension will pay income taxes until they are 67.  After that they will be exempt for the first $40,000 of income if they file jointly or $20,000 if they file as a single.

    I understand why some people think this is a tax increase, but I think that it makes things more fair.  I have a 401k, and when I retire I would have had to pay income taxes on my withdrawals, why should someone with a pension get a better deal?  

    This levels the playing field and helps us make a huge business tax cut.

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