healthmyths
Platinum Member
- Sep 19, 2011
- 29,353
- 10,802
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- #61
Wrong!
So then what do you want to cut? List some examples. Because Conservatives have said they would cut Medicare and Medicaid to pay for tax cuts for the rich.
THERE IS NOTHING to CUT!
A) Most idiots think if the budget increases are not made...THEN THAT'S a CUT!!!
The federal budget GROWS because there are automatic increases in everything and that's what Trump is after... REDUCE those automatic increases.
B) And this same old tired cliche "cuts to pay for rich tax cuts"!
HEY IDIOT!!!!! What the hell do you think the "rich" do with their TAX cuts? Dummy! Do they hide that money in their mattresses or bury in the back yard, or buy $100 million yachts, or fly around the USA like Al Gore etc..??
NO... dummy. They don't bury or hide but they do buy $100 million yachts and where do they stay when they fly... places that have people working that get paid!
So please stop this stupid hatred, jealousy and just plain ignorance about the "rich"!
AGAIN IDIOT...
How large are 401(k)s?
As of June 30, 2017, 401(k) plans held an estimated $5.1 trillion in assets and represented 19 percent of the $26.6 trillion in US retirement assets, which includes employer-sponsored retirement plans (both defined benefit (DB) and defined contribution (DC) plans with private- and public-sector employers), individual retirement accounts (IRAs), and annuities. In comparison, 401(k) assets were $3.0 trillion and represented 17 percent of the US retirement market in 2007.
How many Americans have 401(k)s?
In 2015, about 54 million American workers were active 401(k) participants, and there were nearly 550,000 401(k) plans.
ICI - 401(k) Plan Research: FAQs
You start bashing the "rich" and maybe you should be looking around if YOU aren't part of the above!