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Started By
Message
re: Yellen wants Treasury to tax unrealized capital gains
Posted on 1/22/21 at 7:41 am to RebelExpress38
Posted on 1/22/21 at 7:41 am to RebelExpress38
There was a thread yesterday inquiring where the “coming for 401k” comes from...
Here you go
Also, Sanders & Warren have openly talked about lowering RMDs and tax deferral on 401k
Here you go
Also, Sanders & Warren have openly talked about lowering RMDs and tax deferral on 401k
2
Posted on 1/22/21 at 7:43 am to RebelExpress38
They better take our guns first ??
Posted on 1/22/21 at 7:55 am to Bigmommasinthehouse
quote:
Since when can the Treasury levy a tax? Isnt that done by legislation passed by Congress?
You're not in America anymore Dorothy.
Posted on 1/22/21 at 7:57 am to deltaland
quote:
Since when can the Treasury levy a tax? Isnt that done by legislation passed by Congress?
Well, congress is a one party group now, so that shouldn't be too hard.
Posted on 1/22/21 at 8:01 am to RebelExpress38
Mark to market is one of the tools that Enron made popular and used to deceive their shareholders and the sec. I’m “sure” the federal government would not take advantage of this at all.
Posted on 1/22/21 at 8:04 am to genuineLSUtiger
quote:
They are coming for those 401k’s. The peasants can’t be allowed to accumulate too muc
Didn’t take them long. I was just talking a friend of mine about this a few days ago
Posted on 1/22/21 at 8:06 am to Blizzard of Chizz
And remember if you make more than 50k a year you are the “rich people” they are talking about
Posted on 1/22/21 at 8:15 am to bstew3006
quote:
There was a thread yesterday inquiring where the “coming for 401k” comes from...
Here you go
Also, Sanders & Warren have openly talked about lowering RMDs and tax deferral on 401k
Yep. Lots of dollars there to steal. After all, 401(k)s are racist.
Posted on 1/22/21 at 8:25 am to thetempleowl
quote:
So people who save money are punished and get to give money to the idiots who spend it and haven't saved any.
This is genius. Because they are idiots and will just spend it.
Yup. As Margaret Thatcher once said, "The problem with socialism is you eventually run out of other people's money."
Posted on 1/22/21 at 8:29 am to RebelExpress38
quote:
51% of the country can just vote to take away everything from 49%.
Democracy
This is more like 40% voted to take away from the 60% that voted for Trump.
Posted on 1/22/21 at 8:34 am to kywildcatfanone
quote:
Elections have consequences.
What? We don't have elections anymore. You been in a coma?
Posted on 1/22/21 at 8:37 am to RebelExpress38
That sound you just heard was just the Stock Market crashing. Nothing to see here. Move along. All is well.
Posted on 1/22/21 at 8:39 am to RebelExpress38
quote:
47% of the country can just vote to take away everything from 49% with the help of 3% fraud.
FIFY
Seriously though, think about it. They are now wanting to tax income people have not earned but may earn.
Crazy town.
This post was edited on 1/22/21 at 8:41 am
Posted on 1/22/21 at 8:41 am to bstew3006
quote:Lowering RMDs would decrease taxes due.
Sanders & Warren have openly talked about lowering RMDs
Posted on 1/22/21 at 8:41 am to RebelExpress38
I suppose they want me on the same footing as the 6 of 10 Americans who didn't bother to do without, and save, save, save to start a 401K. Tax mine to death could very well be the end of my supplemental health insurance I knew I would need one day. How nice of them!
Posted on 1/22/21 at 8:48 am to RebelExpress38
quote:
Treasury that would act aggressively to reduce economic inequality, fight climate change
THAT’S NOT THE frickING TREASURY’S JOB FFS.
Posted on 1/22/21 at 8:51 am to RebelExpress38
easily the stupidest fricking thing I have heard since...well the transgender EO.
this would make compliance a fricking nightmare.
an unrealized gain BY IT'S NATURE is NOT income.
this would make compliance a fricking nightmare.
an unrealized gain BY IT'S NATURE is NOT income.
Posted on 1/22/21 at 8:54 am to RebelExpress38
It’s hard to even fathom how catastrophic that would be. This is one of the things you do when you’re either utterly stupid or else deliberately trying to crash the economy.
Posted on 1/22/21 at 8:57 am to RebelExpress38
Then we go to the mattresses. Like, literally stuffing money in the mattresses.
Posted on 1/22/21 at 8:59 am to RebelExpress38
She's just blabbering. This is DOA.
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