Posted on 10/01/2020 12:08:34 AM PDT by weston
Yup, that’s where I am. Exploring options if it’s too late.
NOT saying I’m already throwing in the towel, but it may be too late. At least too late to change course peacefully.
Biden’s plan to overhaul 401(k) tax breaks could force some companies to cut retirement benefits
Megan Henney October 16, 2020, 11:57 am
FTA
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.
“If you take the tax deduction away and reduce the tax benefit, without also addressing the nondiscrimination rules, you’ve blown up the bargain,” Brian Graff, the CEO of the American Retirement Association, told FOX Business.
The first video was apparently deleted, so here’s another look at Joe Biden’s teleprompter, which is roughly the size of a drive-in movie screen pic.twitter.com/JqA4nNV4VC— Jake Schneider (@jacobkschneider) October 17, 2020
Crazy comments to that last Tweet.
Sweet!
Really? Really? Who is going to indict? When will the trial be? Come on now, JUST ARREST SOMEBODY!
I used to think justice was coming, but all we've had have been endless investigations.
We need to get ahold of Hunter Biden’s tax returns.
Printing out some targets for the range pic.twitter.com/2brNByfe7G— Caleb Hull (@CalebJHull) October 16, 2020
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Picture at the link is
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For those you who are not gun savvy, this Biden advice is crap. You shoot to end the threat. Period.
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“When even one American - who has done nothing wrong - is forced by fear to shut his mind and close his mouth - then all Americans are in peril.” — President Harry S. Truman pic.twitter.com/hlIOji9y82— Van Hipp (@VanHipp) October 17, 2020
Exactly. I was fortunate to have a 457(f) plan in addition to 401(k). If I hadn’t had that tax benefit when I was working in California I would have paid so much more in taxes I would hardly have been able to save anything. Especially after I sold my condo and had no dependents.
Biden says he doesn’t want to increase taxes for those making under 400K, I call this a tax increase.
And don’t they want to tax capital gains before the asset is sold? Insanity.
Maybe his stripper baby mama’s lawyer has them.
Biden needs a teleprompter to speak to 7 people?
https://t.co/gaPrGD134s— Eric Trump (@EricTrump) October 17, 2020
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Uncle Joe needs a teleprompter to talk to HIMSELF. 🙄— Red Fox 🎃 🇺🇸 🇪🇸 🇮🇨 💚 🐍 6️⃣ % (@RedFoxBta) October 17, 2020
Emails: Burisma Adviser Told Hunter Biden His ‘Ultimate Purpose‘ Was to ‘Close Down‘ Investigations https://t.co/ZxYMVyoT4A via @BreitbartNews— Jason Miller (@JasonMillerinDC) October 17, 2020
My question was satire, but I’m sure they must be getting some kind of payoff. I mean, you can absolutely hate Trump, but 4 or 5 years of hatred is absolute insanity. It’s loony bin time at this point. And insanity for every single one of those journalists? There would statistically have to be 1or 2 who would break ranks, unless they were getting paid not to.
You would think there would be a book deal to be had if there was an insider willing to spill the beans. And it’s not like their career would be totally over, there is a place for honest journalism.
They are getting paid to write a play script.
The salary of a U.S. Senator is $174,000 per year. This is Joe Biden’s house.... seems legit 🙄 pic.twitter.com/DtD0DzXlrY— Eric Trump (@EricTrump) October 17, 2020
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Picture at the link:
Yes. Pocahontas wanted that in her wealth tax. Tax on unearned capital gains, again & again every year. I’m not sure if the Biden/Sanders Manifesto has that. Probably.
I wonder what the monthly/yearly maintenance is on that one property..and then the others..
I’m watching a Pence rally and he’s done something that the president should definitely be doing, and that is having a large screen and playing clips of Harris and Biden to show what they have said in the past. He just played their comments on fracking.
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