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Obama plan: Cut tax breaks for richest retirement savers
Market Watch ^
| February 21, 2014
| Robert Powell
Posted on 02/21/2014 10:56:56 AM PST by reaganaut1
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Now couples earning more than $225K are the "rich" to be punished. Lots of blue states like NY and CA have residents earning this much who don't consider themselves rich. Make the Rat senators vote on this.
To: reaganaut1
And the chance of the GOP-majority House considering this legislation is.....
To: reaganaut1
Just do what they want to do and that is take the entire paycheck and give us a stipend. That is truly the end result they want. Why not just stop the bleeding for goodness sake. Just do it.
3
posted on
02/21/2014 11:00:49 AM PST
by
napscoordinator
( Santorum-Bachmann 2016 for the future of the country!)
To: reaganaut1
Another Obama income redistribution scheme.
4
posted on
02/21/2014 11:01:07 AM PST
by
Innovative
("Winning isn't everything, it's the only thing." -- Vince Lombardi)
To: proxy_user
Haven’t you heard that Obama doesn’t need Congress, he has a phone and a pen and can rule by executive orders.
5
posted on
02/21/2014 11:02:23 AM PST
by
Innovative
("Winning isn't everything, it's the only thing." -- Vince Lombardi)
To: proxy_user
Since Caliph Baraq has established the precedent of changing the Obamacare laws every week or so unchallenged by anyone, is it possible he will able to do this with the tax code also?
6
posted on
02/21/2014 11:03:49 AM PST
by
nascarnation
(I'm hiring Jack Palladino to investigate Baraq's golf scores.)
To: reaganaut1
“$1 billion a year in new tax revenue” amounts to about 2.4 hours of federal government spending. Where are we going to get the revenue for the remaining 364 days, 19.6 hours?
7
posted on
02/21/2014 11:05:18 AM PST
by
almcbean
To: reaganaut1
This only affects small business owners and wage earners.
It has no effect on 0dunga or any of his rich buddies or any of the corrupt-to-the-core creeps who got rich by being elected to government.
What a flaming jerk.
8
posted on
02/21/2014 11:05:34 AM PST
by
Westbrook
(Children do not divide your love, they multiply it.)
To: reaganaut1
and include an overall cap on all retirement accounts, including pensionsOUTRAGEOUS!
Who is this putz to dare declare how much is "too much" and set a cap on what I might save for retirement?
9
posted on
02/21/2014 11:06:14 AM PST
by
grobdriver
(Where is Wilson Blair when you need him?)
To: reaganaut1
They’re always wanting to punish the poor bassturd that was smart enough to make something of himself to get where he is and steal whatever he has.
I despise communists such as this turd on a stick.
May his days be few and a incurable pox be upon him.
10
posted on
02/21/2014 11:08:43 AM PST
by
lgjhn23
(It's easy to be liberal when you're dumber than a box of rocks.)
To: reaganaut1
President Barack Obama plans to ask Congress in early March, as part of his fiscal 2015 budget, to reduce some of the tax advantages for employer-sponsored retirement plans for higher-income earners, according to published reports. Except for higher-income earners whose employer was the feral government, of course.
11
posted on
02/21/2014 11:10:17 AM PST
by
E. Pluribus Unum
(Islam is a religion of peace, and Moslems reserve the right to behead anyone who says otherwise.)
To: proxy_user
No legislation, executive order!
12
posted on
02/21/2014 11:10:26 AM PST
by
reg45
(Barack 0bama: Implementing class warfare by having no class.)
To: Innovative
I’m not sure, but I don’t think there has been a budget passed since he won election in 2008, or is it just HIS budgets that haven’t passed?
To: reaganaut1
Maybe we need a Ukranian solution to this problem.
14
posted on
02/21/2014 11:13:48 AM PST
by
ealgeone
(obama, border)
To: grobdriver
Tell the SOB to give up his first along with Pelozi and Rip Off Reid.
15
posted on
02/21/2014 11:14:36 AM PST
by
ealgeone
(obama, border)
To: grobdriver
Who is this putz to dare declare how much is "too much" and set a cap on what I might save for retirement? While I agree he is a putz, he is not capping how much you can save for retirement. He is proposing capping how much you can save in a tax-advantaged account.
16
posted on
02/21/2014 11:15:18 AM PST
by
CurlyDave
(`)
To: Westbrook
it has no affect on the govt workers getting their fat defined pensions....none at all...
I've said all along...we are going to be the old Russia with the Party people getting to take vacations on the Black Sea and the workers fighting for food in near empty groceries....
17
posted on
02/21/2014 11:16:39 AM PST
by
cherry
To: napscoordinator
Just do what they want to do and that is take the entire paycheck and give us a stipend. Exactly. There's never any justification for proposed tax increases, never any goal, purpose, or limit; a tax increase is to generate more revenue for the government, and that should be enough reason in King Obama's eyes.
18
posted on
02/21/2014 11:18:03 AM PST
by
Lou L
(Health "insurance" is NOT the same as health "care")
To: CurlyDave
it still is a disincentive to work harder and earn more and save more....
19
posted on
02/21/2014 11:18:34 AM PST
by
cherry
To: reaganaut1
Message: Don’t be responsible and save for your retirement. Be dependent on the government. I despise this regime.
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