Author Topic: Tax grab starting  (Read 1436 times)

Dharmaeye

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Tax grab starting
« on: October 25, 2008, 06:41:50 PM »
Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.

http://www.workforce.com/section/00/article/25/83/58.php

Rastus

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Re: Tax grab starting
« Reply #1 on: October 25, 2008, 10:50:31 PM »
Powerful House Democrats are eyeing proposals to overhaul the nation’s $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.

http://www.workforce.com/section/00/article/25/83/58.php

You had to know that this initiative was coming!  I mean, c'mon really, what do peasants citiziens need with retirement money in the Obama's Marxist-socialist state?  Retirement savings are a selfish hoarding of money that should be available to all the poor and needy.....right?  If we get stuck with this idiot we really need to rub our fellow citizens noses in the crap they thought they wanted.  >:(

Do ya'll remember during the Clinton Administration some female minion floated a one time tax (confiscation) of 1/3 of all IRA's and 401k's?  The cycle took about two weeks to float and kill.  I've been thinking I would cash mine out now...but then the fall...could kick myself for not jumping out before all of this mess. 
Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves.
-William Pitt, British Prime-Minister (1759-1806)
                                                                                                                               Avoid subjugation, join the NRA!

 

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