I remember when people cheered the invention of flexible savings accounts where you could put away tax free money to spend on healthcare costs. If you gambled wrong and saved too much, you lost the excess. In what universe is a scheme like that not a fucking scam?https://twitter.com/Angry_Husky/status/1045788560375402496 …
think the trick is to only put as much into that as you're nearly certain you're going to spend routine dental, glasses, etc at which point it's indistinguishable from an HSA but also yeah fucking stupid tax code
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I can't begin to fathom how anyone sees this as an improvement in the tax code when it requires someone to guess what their future holds and then bet that they're right. Taxes are complicated and time consuming enough when you only have to look backwards.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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