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Started By
Message
I thought taxes weren't going up- Biden eyeing 401k
Posted on 3/3/21 at 10:12 am
Posted on 3/3/21 at 10:12 am
32
Posted on 3/3/21 at 10:14 am to thelawnwranglers
He’s unifying us!
-JohnnyKilroy, CharlesLSU, Mickey Goldmill, etc
-JohnnyKilroy, CharlesLSU, Mickey Goldmill, etc
Posted on 3/3/21 at 10:15 am to thelawnwranglers
frick that bitch
Posted on 3/3/21 at 10:18 am to thelawnwranglers
Well I can understand this. The government doesn’t bring in near enough money to run itself.
Posted on 3/3/21 at 10:19 am to thelawnwranglers
So it begins
Posted on 3/3/21 at 10:19 am to thelawnwranglers
frick frick frick 
Posted on 3/3/21 at 10:19 am to thelawnwranglers
This only hurts the middle class once again
Posted on 3/3/21 at 10:19 am to thelawnwranglers
Yellen has already floated taxing unrealized gains, so no matter how stupid the proposed changes are, I will always believe they just might do it.
Posted on 3/3/21 at 10:21 am to thelawnwranglers
Well, if this passes, I can rest easy knowing that more of my hard earned retirement money is going to help those who could work but choose not to maintain their leisurely lifestyle.
Posted on 3/3/21 at 10:21 am to thelawnwranglers
When it says "could hurt high earners" it means "will f all investors in the a."
Do they really think that a tax on the wealthy (so-called) just leaves everyone else unscathed? No they don't. They think we are stupid and/or just don't care as long as their Soviet Politburo dreams come to fruition.
Do they really think that a tax on the wealthy (so-called) just leaves everyone else unscathed? No they don't. They think we are stupid and/or just don't care as long as their Soviet Politburo dreams come to fruition.
Posted on 3/3/21 at 10:31 am to McLemore
Well I max 401k so example they have pretty much $1k increase
Why put it in retirement if tax benefit minimized
It really does feel like they want to discourage savings
Why put it in retirement if tax benefit minimized
It really does feel like they want to discourage savings
Posted on 3/3/21 at 10:33 am to thelawnwranglers
its cool taxes are going up...cause we are going to pay $100/hr minimum wage and lock prices at current levels, right?
Posted on 3/3/21 at 10:34 am to thelawnwranglers
quote:
It really does feel like they want to discourage savings
Well, duh. If people are less self reliant, especially in their older years, then they will need the government to step in and provide/control them. Then, the government can justify even more tax increases for this new burden that they are so graciously taking on that they in know way encouraged or made happen.
Posted on 3/3/21 at 10:40 am to GoCrazyAuburn
This will go a long way towards making Mammaw's mason jar savings plan (buried in the back 40) seem safer than 401K's.
Posted on 3/3/21 at 10:43 am to thelawnwranglers
Retirement accounts were always the end game. Not only is it a mass of untaxed wealth just sitting there for the taking, Retirement accounts are also problematic!
~its hoarded wealth
~retirement accounts don't exist for the poor
~saving for retirement is systemic racism as its drilled into white culture but cultures of color don't learn about them or have the same opportunity for them.
~its hoarded wealth
~retirement accounts don't exist for the poor
~saving for retirement is systemic racism as its drilled into white culture but cultures of color don't learn about them or have the same opportunity for them.
Posted on 3/3/21 at 10:44 am to thelawnwranglers
Actual working professionals who voted for this guy. 
Posted on 3/3/21 at 10:48 am to thelawnwranglers
I am 59. I have been planning under one set of rules for 30+ years. Don't mess with my retirement, damnit.
Posted on 3/3/21 at 10:49 am to Lsuhoohoo
quote:
Retirement accounts were always the end game. Not only is it a mass of untaxed wealth just sitting there for the taking, Retirement accounts are also problematic!
~its hoarded wealth
~retirement accounts don't exist for the poor
~saving for retirement is systemic racism as its drilled into white culture but cultures of color don't learn about them or have the same opportunity for them.
The problem is too many are not using retirement accounts for retirement. They are using them for estate planning tools. I know everyone will go Reeeeeeee! When they read this but it is true.
Posted on 3/3/21 at 10:51 am to thelawnwranglers
frick Biden and Yellen. Talk about domestic terrorism.
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