They paid the price for us not government!!!
Posted on 05/01/2013 10:39:14 AM PDT by SeekAndFind
It always happens this way. They know exactly how to turn this country into a communist paradise, and they are succeeding.
What if that $3 million is inflated to be about 300k of today’s dollars?
Think you might, in a lifetime of saving, accumulate 300k?
What if they inflate at a worse rate than that?
I heard they’re adding 6% per month to the money supply - that’s gonna hurt.
Anything additional that you put in will be taxed as income and not tax “advantaged”.
My first reaction was, ‘there is no way this will ever be passed’, but that is what my first reaction to obamacare was.
(Please Run, Sarah)
These liberal thiefs are very clever!...They figure the majority cannot or would not object to a cap of $250,000 in retirement savings to live off of...BUT IT’S NOT THEIR MONEY and that would be just the first step. Next, they would determine the cap at $100,000 then $50,000 and so on...REDISTRIBUTION doncha know? GO TO HELL LIBERALS!!!
They paid the price for us not government!!!
THAT is what dreams are made of.
As I said, the GOP wont touch that because those it effects those with big $$$$, but collecting Amazon sales taxes for my lib state?
A bunch of GOP Senators just voted to do that.
And they would be arrested and charged with murder. If/when the shooting starts the conservatives will be labeled murderers or terrorists (already are) and prosecuted. There is no concept of liberty to 80% of this country’s inhabitants.
I had very little in mine since it almost got wiped out. Due to medical bills for a child injured in a wreck I had to forgo rebuilding it. So, I sold my house and lease now so I have no ties to anywhere and nothing they can come get, paid off most of debt and invested in ammo, supplies, and staples and pocketed the rest in other places.
I have some family land to run to if needed.
And why do you think that advice was so ubiquitous? IMHO, they've had this plan in mind since the programs were created.
When they come for those first three I will help them!
That's paranoid talk! They'll make you withdraw the overage, and assess a fee of perhaps 62 percent on the overage. And of course you have to pay your taxes (on the overage before fees). See, they won't take it all.
Yeah. Go ahead and see what happens then.
>>>I have some family land to run to if needed.<<<
If they’re at the stage of stealing your wealth, stealing your land is an easy next step.
This is “foot in the door” BS.
Hopefully you don’t get sick in retirement.
True but i count on them not being able to occupy all the land in the country.
Government greed.
They occupied Russia and China. Acreage, sadly, doesn’t seem to be a deterrent.
1. The Federal tax code already caps IRAs and 401(k) accounts. What it doesn't do right now is cap the total value of a tax-deferred account, but it does limit the tax deductibility of contributions up front.
2. The $205,000 annual limit is based on Section 415(b)(1)(A) of the Internal Revenue Code, which limits the amount of money that can be paid out to a pensioner under a defined-benefit plan.
I don't think these changes will see the light of day, but it's hard to complain about changes in the tax code as they relate to a retirement system that is already heavily regulated and has enormous incentives under the tax code as it currently stands.
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