Biden is going to screw us on 401Ks

[Flash]

Because Biden is a stupid socialist obsessed with trying to make things more "fair" he is going to screw up 401K accounts.

Liberals fuck up everything they touch.

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

news.yahoo.com

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

Biden has vowed to convert the current deductibility of traditional retirement contributions into matching refundable credits for 401(k)s, IRAs and others.

The proposal from the former vice president is intended to level the playing the field of tax deferral in traditional retirement accounts, with the intent of boosting saving among low-income earners. But industry experts cautioned that by reducing the benefits that higher earners receive, the Biden campaign may have increased the likelihood of businesses abandoning those retirement benefits altogether.

 

[toobfreak]

Because Biden is a stupid socialist obsessed with trying to make things more "fair" he is going to screw up 401K accounts.

Liberals fuck up everything they touch.

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

news.yahoo.com

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

Biden has vowed to convert the current deductibility of traditional retirement contributions into matching refundable credits for 401(k)s, IRAs and others.

The proposal from the former vice president is intended to level the playing the field of tax deferral in traditional retirement accounts, with the intent of boosting saving among low-income earners. But industry experts cautioned that by reducing the benefits that higher earners receive, the Biden campaign may have increased the likelihood of businesses abandoning those retirement benefits altogether.

Hardly any surprise there. Liberalism always has the exact opposite of the stated effect. Just one more thing Trump ought to be pointing out to people if he was a more experienced, practiced professional public speaker.

 

[Manonthestreet]

Fairness is code for equal poverty.

 

[LeftofLeft]

Having a 401(k) is unfair? Biden is talking about taxing dividend income as ordinary income as well. Wow, this guy is going to do wonders for Wall Street.

 

[rightwinger]

I think Biden is correct in that a tax break is not a big incentive for poor people to save for retirement. They do not pay much in taxes as it is.

He should also encourage more saving in a Roth IRA. Now that I am retired, I wish I had more money in funds I do not have to pay taxes on.

 

[rightwinger]

Biden is talking about taxing dividend income as ordinary income as well.

All capital gains should be taxed as ordinary income. Money you worked for should not be taxed higher than investment income.

 

[BasicHumanUnit]

Because Biden is a stupid socialist obsessed with trying to make things more "fair" he is going to screw up 401K accounts.

Liberals fuck up everything they touch.

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

news.yahoo.com

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

Biden has vowed to convert the current deductibility of traditional retirement contributions into matching refundable credits for 401(k)s, IRAs and others.

The proposal from the former vice president is intended to level the playing the field of tax deferral in traditional retirement accounts, with the intent of boosting saving among low-income earners. But industry experts cautioned that by reducing the benefits that higher earners receive, the Biden campaign may have increased the likelihood of businesses abandoning those retirement benefits altogether.

And it's a good thing.
The Right has abandoned it's duty to defend America and the Constitution.
Therefor, everyone needs to lose everything in order to realize how great they HAD it.

I'm voting Harris / Biden FOR AMERICA....so that they can burn it down.

It takes courage to do the right thing and what will ultimately get righties off the couch and into the battle.

They will either learn to fight for their liberties.....or lose them all.

Me? I have an exit plan (after I vote). Not my problem.

 

[Dogbiscuit]

Biden wont mess up anything, because his campaign wont see the light of day after Trump steam rollers over him, on Nov 3rd.

 

[easyt65]

He already screwed us by selling us out to China so he and his family could become richer.

 

[BasicHumanUnit]

Biden wont mess up anything, because his campaign wont see the light of day after Trump steam rollers over him, on Nov 3rd.

lol
You have GROSSLY underestimated your enemy.

Have you ever voted ??

 

[Dogbiscuit]

Have you ever voted ??

Only for your new daddy Trump !

 

[LeftofLeft]

Biden is talking about taxing dividend income as ordinary income as well.

All capital gains should be taxed as ordinary income. Money you worked for should not be taxed higher than investment income.

You are taking away from the incentive to invest. Capital gains on after-tax income that you have risked are going to cut into your return. Now, what happens when that money “sits” on the sidelines or otherwise seeks out tax-friendly investments such as overseas investments over public companies. How does that impact 401(k)’s and pensions? How does that impact public companies?

Check your class warfare at the door for a moment and think on a macro basis.

 

[Flash]

Because Biden is a stupid socialist obsessed with trying to make things more "fair" he is going to screw up 401K accounts.

Liberals fuck up everything they touch.

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

news.yahoo.com

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

Biden has vowed to convert the current deductibility of traditional retirement contributions into matching refundable credits for 401(k)s, IRAs and others.

The proposal from the former vice president is intended to level the playing the field of tax deferral in traditional retirement accounts, with the intent of boosting saving among low-income earners. But industry experts cautioned that by reducing the benefits that higher earners receive, the Biden campaign may have increased the likelihood of businesses abandoning those retirement benefits altogether.

And it's a good thing.
The Right has abandoned it's duty to defend America and the Constitution.
Therefor, everyone needs to lose everything in order to realize how great they HAD it.

I'm voting Harris / Biden FOR AMERICA....so that they can burn it down.

It takes courage to do the right thing and what will ultimately get righties off the couch and into the battle.

They will either learn to fight for their liberties.....or lose them all.

Me? I have an exit plan (after I vote). Not my problem.

So, you saying that in order to save a village sometimes you have to destroy a village?

You are right on one thing. Electing Trump will only kick the can down the road.

We need a Civil War to restore the Constitution and real individual liberty. It ain't gonna be fixed at the bllot box. Too many greedy Left Wing assholes have the ability to vote.

Democracy can produce just as many tyrants as any other form of government.

 

[danielpalos]

Because Biden is a stupid socialist obsessed with trying to make things more "fair" he is going to screw up 401K accounts.

Liberals fuck up everything they touch.

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

news.yahoo.com

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

Biden has vowed to convert the current deductibility of traditional retirement contributions into matching refundable credits for 401(k)s, IRAs and others.

The proposal from the former vice president is intended to level the playing the field of tax deferral in traditional retirement accounts, with the intent of boosting saving among low-income earners. But industry experts cautioned that by reducing the benefits that higher earners receive, the Biden campaign may have increased the likelihood of businesses abandoning those retirement benefits altogether.

Hardly any surprise there. Liberalism always has the exact opposite of the stated effect. Just one more thing Trump ought to be pointing out to people if he was a more experienced, practiced professional public speaker.

This is all right wingers know how to do even with a Commerce Clause and a central bank:

https://www.usdebtclock.org/

 

[rightwinger]

Biden is talking about taxing dividend income as ordinary income as well.

All capital gains should be taxed as ordinary income. Money you worked for should not be taxed higher than investment income.

You are taking away from the incentive to invest. Capital gains on after-tax income that you have risked are going to cut into your return. Now, what happens when that money “sits” on the sidelines or otherwise seeks out tax-friendly investments such as overseas investments over public companies. How does that impact 401(k)’s and pensions? How does that impact public companies?

Check your class warfare at the door for a moment and think on a macro basis.

Does paying higher tax make an incentive not to work?
Labor creates wealth. Investment just moves it around.

If you don’t invest your money, what will you do with it? Stick it under a mattress?

 

[danielpalos]

Fairness is code for equal poverty.

How do you figure?

 

[rightwinger]

We need a Civil War to restore the Constitution and real individual liberty. It ain't gonna be fixed at the bllot box

Why are Conservatives always threatening second amendment remedies?

 

[danielpalos]

Because Biden is a stupid socialist obsessed with trying to make things more "fair" he is going to screw up 401K accounts.

Liberals fuck up everything they touch.

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

news.yahoo.com

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

Biden has vowed to convert the current deductibility of traditional retirement contributions into matching refundable credits for 401(k)s, IRAs and others.

The proposal from the former vice president is intended to level the playing the field of tax deferral in traditional retirement accounts, with the intent of boosting saving among low-income earners. But industry experts cautioned that by reducing the benefits that higher earners receive, the Biden campaign may have increased the likelihood of businesses abandoning those retirement benefits altogether.

And it's a good thing.
The Right has abandoned it's duty to defend America and the Constitution.
Therefor, everyone needs to lose everything in order to realize how great they HAD it.

I'm voting Harris / Biden FOR AMERICA....so that they can burn it down.

It takes courage to do the right thing and what will ultimately get righties off the couch and into the battle.

They will either learn to fight for their liberties.....or lose them all.

Me? I have an exit plan (after I vote). Not my problem.

So, you saying that in order to save a village sometimes you have to destroy a village?

You are right on one thing. Electing Trump will only kick the can down the road.

We need a Civil War to restore the Constitution and real individual liberty. It ain't gonna be fixed at the bllot box. Too many greedy Left Wing assholes have the ability to vote.

Democracy can produce just as many tyrants as any other form of government.

lol. All right wingers know how to do is be traitors not uphold our Constitution.

 

[Flash]

Because Biden is a stupid socialist obsessed with trying to make things more "fair" he is going to screw up 401K accounts.

Liberals fuck up everything they touch.

Biden's plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

news.yahoo.com

A frequently overlooked part of Democratic presidential nominee Joe Biden's platform would upend the traditional tax preferences of retirement accounts like 401(k) plans — a change that industry experts warned could force some small companies to cut those benefits.

Biden has vowed to convert the current deductibility of traditional retirement contributions into matching refundable credits for 401(k)s, IRAs and others.

The proposal from the former vice president is intended to level the playing the field of tax deferral in traditional retirement accounts, with the intent of boosting saving among low-income earners. But industry experts cautioned that by reducing the benefits that higher earners receive, the Biden campaign may have increased the likelihood of businesses abandoning those retirement benefits altogether.

Hardly any surprise there. Liberalism always has the exact opposite of the stated effect. Just one more thing Trump ought to be pointing out to people if he was a more experienced, practiced professional public speaker.

This is all right wingers know how to do even with a Commerce Clause and a central bank:

https://www.usdebtclock.org/

You are confused Moon Bat.

That worthless Muslim shithead Obama added ten trillion dollars to that debt clock and all we got for it was increased poverty, decreased family income, increased taxes, a depleted military and dismal economic growth.

Biden will continue that agenda of destruction.

Only an idiot would vote for that worthless piece of corrupt shit.

 

[Manonthestreet]

Fairness is code for equal poverty.

All ya have to do is open your eyes.....btw the speed with which you are destroying small business this legislations premise will be mute