“the capping of 401k contributions at $2400 “- a rumor started by the investment industry and lobbyists according to the WSJ article cited for that “info”.
There’s so much garbage out on the tax changes. And there is no bill.
Don’t blame people for looking out for themselves but there’s nothing to go on but rumor and innuendo.
And on taxes in general there’s the bizarre, yet prevalent, belief that corporate taxes are not paid by consumers.
Such hidden taxes are bad policy- though great politics: no one complains about taxes they don’t know they’re paying.
Has anyone denied that it's under consideration? Trump? Ryan? McConnell? Anyone?
There’s so much garbage out on the tax changes. And there is no bill. Don’t blame people for looking out for themselves but there’s nothing to go on but rumor and innuendo
No there is no bill. But that doesn't stop everyone from claiming that it's going to be a big tax cut for people like me. All I can go on is what is known and what is being considered. And so far it's not looking good.
And on taxes in general there’s the bizarre, yet prevalent, belief that corporate taxes are not paid by consumers.
There also seems to be a bizarre, yet prevalent, belief that if you cut corporate taxes then those savings will be passed along to consumers. Cut corporate taxes and we will pay the same as we're paying now.