Re: The Math Really Sucks
Quote:
Originally Posted by
Boghie
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But, if I zero out my TSP contributions than I will have to fight other dogs for the Alpo in my golden years. If I allow it to ratio down I might get my own bowl. However, if I keep it fixed I will feel the pain.
Make sure the dog you own is tender. Beagles are good. Korean roast beagle is tender. Can be a bit fatty, however. BBQ beagle is better than beagle soup.
Re: The Math Really Sucks
James,
This hit might actually make it smart for me to use the Roth TSP account. Might also go 10 dependents and pay up later. This is going to be a misery. All this for a 2% cut in spending. Smells like politics to me. We shall see...
Re: The Math Really Sucks
Just remember- you are taking the pay cut for the good of the nation, so those multi-millionaires don't have to part with any more of theirs. It's so darn patriotic of you.
Re: The Math Really Sucks
Quote:
Originally Posted by
James48843
Just remember- you are taking the pay cut for the good of the nation, so those multi-millionaires don't have to part with any more of theirs. It's so darn patriotic of you.
The multi-millionaires have already gotten their tax increase in the last fiasco. We are down to the multi-thousandaires (yuk, yuk - the poor sods making less than $350K/$400K per year).
Why cannot all expenses be trimmed 2% or 3%? Me thinks that politics are in play when the DoD and the rest drop the hammer on us taxpaying and voting gubmint serfs. I don't think it will play well with the voting public though. Another group may want to do this to cull the herd. Some will quit because they cannot live on an abrupt 28% pay cut. Some will quit because the pay is no longer competitive to the private sector. I might be in the latter category. It is a pathetic joke that the aging lawyers we vote into office couldn't cut expenditures over time. Anyone looking at 2008 knew that the tax base would be hammered for quite some time.
As a note, the Federal tax revenue in FY2012 was only $100 Billion less than the maximum revenue ever generated - that is FY2007. Spending, ahem, has grown by a miserly 30% in that time frame. We wouldn't have to suffer at all if we kept spending in line, eh...
Re: The Math Really Sucks
Nothing in regards to this from my agency. If it comes to pass I would try to flex the hours, work 2 - 11's and 1 - 10 per week and have 4 day weekends EVERY weekend.