Tuesday, August 25, 2020

Breaking: Biden to END 401(k) Tax Benefits As We Know It If Elected

 

Date: August 25th, 2020 7:57 PM
Author: Peaceful Protestor

https://www.rollcall.com/2020/08/24/biden-retirement-proposal-would-upend-traditional-401k-plans/

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810681)



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Date: August 25th, 2020 8:00 PM
Author: .........,,,,,,,,,.........,,,,,,,,,


401k are racist and will eventually be confiscated.

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810707)



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Date: August 25th, 2020 8:03 PM
Author: ;::;:;;\'\';:::\'.,:...:::;


as long as he hurts boomers, I am for it

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810726)



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Date: August 25th, 2020 8:04 PM
Author: ""'""'''''""



(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810731)



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Date: August 25th, 2020 8:05 PM
Author: ;;;;;;;::::;;::;;;;::::;

this isnt hurting boomers that much given they only have a few more years left to work

this is fucking over middle class and lower upper class young people

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810746)



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Date: August 25th, 2020 8:04 PM
Author: ;;;;;;;::::;;::;;;;::::;

none of us will ever see social security, 401k, etc

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810739)



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Date: August 25th, 2020 8:06 PM
Author: \'\'\"\"\'\'\'\"

who cares

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810750)



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Date: August 25th, 2020 8:09 PM
Author: ......,.,.,....,...,.,...,.,.,.,.,.....,.,.,.,,,..


assuming it's a 26% flat credit as the article says that would actually be net-positive for households earning up to $320k (married filing joint) (24% tax bracket)

honestly, who gives a shit. this is fine.

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810771)



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Date: August 25th, 2020 8:11 PM
Author: .........,,,,,,,,,.........,,,,,,,,,


I'm sure libs will stop there and threshold certainly won't ever drop to $100k.

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810775)



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Date: August 25th, 2020 8:12 PM
Author: .,.,.,,.,...,..,,,...,...,.,.,,,..,..


Plenty of us here are making a lot more than $320k and this will negatively affect us. Rep your constituents, please.

(http://www.autoadmit.com/thread.php?thread_id=4610725&forum_id=2#40810779)

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