Hmmm...
We have nearly $90Trillion in debt and liabilities...
The IRS collects $2.5Trillion per year... All of which is now eaten by entitlements...
$5Trillion are in 401k plans - that’s two whole years of IRS income...
Obama voters do not have 401k’s for the most part....
What do you think?
The writing is on the wall...
I thought he was nuts.
As a progressive they never give up no matter what the cause.
Now Gay Marriage and soon Medial Ganja and after 100 yrs now the start of Socialized Medicine, via Obamacare.
They are like sin, they never stop.
I take this 401k deal as serious as a Heart Attack, they will not stop, they just are getting it going.
Again like a said yesterday, this is also about destroying everything Reagan did to make us more like the self reliant image he portrayed. They must kill the Kemp / Roth 401k to do so...
No, none of your private property is safe now. If the feds can take it away, either by mandate or by force, they will, for the common good.
I remember Biden saying some years ago when he was a Senator that 401k plans and othe retirement benefits are “an asset of the American people”. I am trying to find that quote...
This Danish “study” by Marxists at Harvard and in Denmark is pure B.S. It was designed to make it easier to steal your 401k.]
By the way, they call the plans in Denmark “voluntary” when they are mostly a result of union negotiations and, thus, are, in fact, mandatory. Our system is truly voluntary. If the breaks for 401ks are taken away, employers will ditch them.