Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Joe Biden wants to raid Americans’ retirement accounts: And not just the ones belonging to rich people. Here is the sneaky way he’ll do it
American Thinker ^ | 03/17/2024 | Civis Americanus

Posted on 03/17/2024 6:30:13 PM PDT by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081 next last

1 posted on 03/17/2024 6:30:13 PM PDT by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

Someone needs to call him on this finally

Those corporations raise their prices to cover the tax increases

So the people do wind up paying them when they buy the goods and services

Joe knows this, all socialists know it

Time to not let them slide on this crap

Its a pass-through to consumers/customers


2 posted on 03/17/2024 6:34:18 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

The problem with high corporate tax is that the corporations can just leave for overseas.
People have harder time to move, but for corporation, it is a piece of cake.


3 posted on 03/17/2024 6:35:45 PM PDT by AZJeep
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

I fully expect the US Government to come after Roth’s as it avoids taxes.

I also expect demonization of double dippers, those of us getting military retirements and social security. Veterans are now a conservative minority so a target.


4 posted on 03/17/2024 6:36:28 PM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

When — not if — Biden steals 2024, he will be instructed by Obama to raid, outright, all 401ks and Roths.


5 posted on 03/17/2024 6:39:06 PM PDT by Lazamataz
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

Well, then I’m triple screwed: mil retirement, ss, and civil service retirement.


6 posted on 03/17/2024 6:39:10 PM PDT by GMThrust
[ Post Reply | Private Reply | To 4 | View Replies]

To: GMThrust

Quadruple-screwed.

Military retirement
Social Security
Civil Service retirement
401k

Oh wait, quintuple screwed

Roth


7 posted on 03/17/2024 6:41:17 PM PDT by Lazamataz
[ Post Reply | Private Reply | To 6 | View Replies]

To: SeekAndFind

Get sick of seeing these dramatic articles. Biden is going to take your 401(k)s here is the sneaky way he will do it...then nothing in the write up about how this will ever come to pass. Regardless it’s using FEAR to motivate to something that is just not even talked about. Please just stop. We have enough to worry about for real.


8 posted on 03/17/2024 6:42:51 PM PDT by Jonny7797
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Biden is raiding my retirement account everyday with his inflation spending.

Gasoline has jumped in our state about 40 cents per gallon in the last couple of months, including a 10 cent jump last week.

If that is not raiding my retirement account, nothing will.

My wife and I worked 40 years to build modest retirement accounts and I’d estimate their purchasing power has gone down 25 percent since Biden seized control of the government; certainly no less than 20 percent.


9 posted on 03/17/2024 6:43:15 PM PDT by jeffersondem
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lazamataz

I think you like being screwed 5 times?

Must be getting old.


10 posted on 03/17/2024 6:43:46 PM PDT by SomeCallMeTim (C)
[ Post Reply | Private Reply | To 7 | View Replies]

To: GMThrust

No, civil service is a major lib voting block. Typical broken weapon diagnose, they won’t work because you can’t fire them.


11 posted on 03/17/2024 6:44:22 PM PDT by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: SeekAndFind

So, Bernie proposes to increase every corporation’s labor costs by at least 20%. And Biden wants to increase their taxes 30-40%. And they think that won’t be passed on, and cause even more inflation?


12 posted on 03/17/2024 6:49:11 PM PDT by csn vinnie
[ Post Reply | Private Reply | To 1 | View Replies]

To: Taxman

ping


13 posted on 03/17/2024 6:53:56 PM PDT by Taxman ((SAVE AMERICA! VOTE REPUBLICAN IN 2024! SAVE AMERICA!))
[ Post Reply | Private Reply | To 1 | View Replies]

To: SomeCallMeTim

Abort all liberals. It should be allowed to the 500th trimester.

MY BODY, MY CHOICE


14 posted on 03/17/2024 6:55:41 PM PDT by Lazamataz
[ Post Reply | Private Reply | To 10 | View Replies]

To: SeekAndFind; Man50D; Principled; EternalVigilance; phil_will1; kevkrom; Bigun; PeteB570; FBD; ...

FAIRtax ping!


15 posted on 03/17/2024 6:59:54 PM PDT by Taxman ((SAVE AMERICA! VOTE REPUBLICAN IN 2024! SAVE AMERICA!))
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

The 2017 tax law was a huge benefit for small corporations like mine, with fewer than twenty employees. When Biden speaks of a corporate minimum tax he is talking about me - not the giant multi-nationals who fund his party.


16 posted on 03/17/2024 7:05:14 PM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
[ Post Reply | Private Reply | To 1 | View Replies]

To: Secret Agent Man

Those corporations raise their prices to cover the tax increases

So the people do wind up paying them when they buy the goods and services

Joe knows this, all socialists know it

Its a pass-through to consumers/customers”

This will get interesting when prices keep going up! Only a ‘maroon’ doesn’t understand how this works


17 posted on 03/17/2024 7:07:23 PM PDT by griswold3 (Truth, Beauty and Goodness. )
[ Post Reply | Private Reply | To 2 | View Replies]

To: Jonny7797

Thanks for the remarks Jonny
You are spot on (pun? LOL?)
The fear porn trolls think it is full moon tonight.
How else could they ….. oh, wait


18 posted on 03/17/2024 7:10:01 PM PDT by Honest Nigerian
[ Post Reply | Private Reply | To 8 | View Replies]

To: griswold3

and Yet ....
All according to plan.


19 posted on 03/17/2024 7:12:41 PM PDT by Big Red Badger (ALL Things Will be Revealed !)
[ Post Reply | Private Reply | To 17 | View Replies]

To: where's_the_Outrage?
I fully expect the US Government to come after Roth’s as it avoids taxes.

That has always been my fear, and why I never went with a Roth.

20 posted on 03/17/2024 7:15:06 PM PDT by PAR35
[ Post Reply | Private Reply | To 4 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson