Undocumented EXEMPT Obola steals from everyone
to give to his EXEMPT Congress (owning stock in
ObamaCARE investments) and his
Moslem Brotherhood/alQaeda allies for their genocide.
I guess the title should say “Not Really”, since there is no proposal to tax our savings on the table. The 529 proposal isn’t going anywhere. Some day they wiil, I have no doubt, but it won’t be under Obama.
Yepper, and when you make a TSP withdrawal, they automatically withhold the maximum amount so you have to wait until you file to recoup the excess they kept back. I just retired and am in the process of moving my TSP to a vehicle that pays a guaranteed minimum 6% and which also protects the principle 100%. It will also allow me to manage my taxes so I owe them a little bit at the end of the year - no way I want to have them owing me for anything.
My friend who is retired military said his retirement is being taxed.
Not buying this analysis about oil prices and effect of such: “And that’s more evidence that lower oil prices are better then—duh— higher prices. ... Big winners will also be the United States and the Euro Zone which also rely heavily on petroleum products.”
Higher oil prices drove the primary engine of high pay job creation in the US. Economics cuts both ways and the loss of those jobs will hurt, badly.
In this upside down, inside out world, being a thrifty saver MAKES YOU A CHUMP FOR THE SYSTEM!!!!
What savings?
No doubt. He is a communist. communists want the government to own all assets and property. That’s what communism is.
But he will take them using the time-honored American Way: say you’re not doing it, give it a nice-sounding name, and go on doing what you wanted to do all along.
My children’s 529s will be taxed TWICE if this goes through! Every penny put into them was already taxed.
just pull everything from the markets and the banks.
he can’t tax something that isn’t within reach