Thursday, April 28, 2005

Riddle Me This
.
How is placing a portion of one's income tax into the stock market any different than a portion of our taxes subsidizing the stock market? How does this tactic not artificially bolster our American stocks?
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2 comments:

Anonymous said...

If I understand you correctly, and I have no idea if I do, these days it's a coin toss ;) (for me, that is).

If I am getting you, you are asking about the difference betwen us privately pujtting our money in stocks vs the government doing it for us?

I did't watch the Resident, trying to keep stress levels low.

Maybe you can clarify for me?

4/30/2005 2:40 AM
She Dances in Dragon said...

Yeah, perhaps I should have made a statement, instead of writing a riddle, eh?
If we chose to put money in the stock market -obviously, money we're not using to pay bills or buy food, etc- then it's by choice. If the government automatically withdraws a percentage of our paychecks and buys some stocks and bonds -that belong to us... except we can't cash them in until we retire..., then the government is subsidizing the stock market, right? Or are they?
And if, say 20% of eligible Americans choose to have some of their social security tax go into the stock market, what happens down the road when they all retire? Will the stock market crash?

5/01/2005 10:14 PM

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