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Message
re: What If We Ended 401(k) Tax Breaks to Save Social Security?
Posted on 2/11/24 at 6:40 am to La Place Mike
Posted on 2/11/24 at 6:40 am to La Place Mike
quote:this is dumb
Research shows that tax-preferred retirement accounts don't boost overall household savings
0
Posted on 2/11/24 at 7:42 am to La Place Mike
quote:
The bulk of retirement account tax breaks benefit the affluent,
Water is wet.
Every tax break in the history of the world benefits the affluent inside of a progressive tax system.
You have to effectively pay taxes in order to receive the benefit of a new tax break.
I don't know why I let sentences like this bother me so much. I hate mendacity. I hate crappy "journalists".
Posted on 2/11/24 at 11:15 am to La Place Mike
Why does every government policy have to start with the premise of destroying something that builds wealth to prop up something that destroys wealth?
Posted on 2/11/24 at 11:34 am to La Place Mike
quote:why even let Americans save money? just steal all of the excess and redistribute it accordingly right? Screw letting Americans keep their money. Its OUR money
La Place Mike
Posted on 2/11/24 at 1:15 pm to La Place Mike
How about get rid of all tax breaks and give me my fricking SS money that I put into the system and stop the charity to those that don't put in.
How about we start there?
How about we start there?
Posted on 2/11/24 at 8:11 pm to windriverwonders
quote:
they probably would if they could afford to and did not have to spend 100% of their income on day to day expenses
Yeah, when I see a “poor” person on their new IPhone getting out of their car with $4000 rims and smoking $25 in cigarettes a day, I think they are barely making it.
Everyone could save something or work more to earn extra money but the reality is most people are lazy and have no self control to delay gratification.
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