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To: Libloather

They don’t want to tax them - they want to eliminate them altogether!


5 posted on 10/30/2008 6:15:46 PM PDT by CottonBall
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To: CottonBall
My bet is that they won't eliminate them, but they will have a graduated tax schedule on the 401K’s. The more you and your employer contribute the higher the tax rate will be on them when you withdraw. No sunset on these babies.

It will probably be mandatory to have a 401K tax plan based on the number of employees you have and/or the amount of any company's gross income. If you are unionized, not2worry, the unions will do all this for you, regardless of what your personal desires may be.

If you don't work and collect all the benefits from Obama’s share the wealth plan then you got it made!

There will be more unemployment simply because hard-working conservatives will revolt against Obama’s plan, ergo, unemployment will increase and the prophesy of Obama will come to pass.

God help America on November 4th! Troubling times are here filling our hearts with fear. Stand strong and vote November 4th for McCain/Palin. It may not be the best choice but it's a choice that will save our Country from becoming a Communist Regime in 4 years.

BTW, those voting for Barr, I beg you not to waste your vote. Remember Perot and who we got as President in the form of William Jefferson Clinton.

end of rant/

16 posted on 10/30/2008 6:30:32 PM PDT by not2worry (WHAT GOES AROUND COMES AROUND)
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