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Personal Finance and Investing

58Sunliner

(4,449 posts)

15. Could your headline be more misleading and alarmist?

Reply to doc03 (Original post)

Thu May 9, 2024, 11:27 AM

May 9

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Watch out some economists are floating the idea of confiscating [View all] doc03 May 9 OP

Where do you see anything in the article about confiscation? Scrivener7 May 9 #1

They use the word eliminated, sounds like the same thing doc03 May 9 #3

Eliminate tax breaks is different than taking your money. 3Hotdogs May 9 #7

It sounded to me TheFarseer May 9 #13

If they eliminate the tax advantage it would be the same as eliminating doc03 May 9 #14

But that is still not the same as "confiscating." 3Hotdogs May 9 #18

Not the same thing at all. They're not going to confiscate your accounts. Scrivener7 May 9 #16

This has been touted as an option for some time. I doubt that it'll happen, but what I do think will happen is that SWBTATTReg May 9 #2

Nothing is getting confiscated. Ocelot II May 9 #4

Second paragraph. They propose (abolishing) tax sheltered plans like 401K doc03 May 9 #6

Abolishing isn't confiscating. Ocelot II May 9 #9

It doesn't say abolishing the (tax benefit) it says abolishing (tax sheltered plans) like doc03 May 9 #11

You're really fighting hard to see a disaster that simply isn't there. Scrivener7 May 9 #17

Hollow out people and give tax break to corporations bucolic_frolic May 9 #5

There were many of my fellow workers that would not put money in a 401k doc03 May 9 #8

SS is actually paid into by those that collect it later... Think. Again. May 9 #10

I have been on SS for 14 years, I skimped and doc03 May 9 #12

Could your headline be more misleading and alarmist? 58Sunliner May 9 #15

As many have pointed out... no confiscation. Furthermore... Happy Hoosier May 15 #19

Latest Discussions»Culture Forums»Personal Finance and Investing»Watch out some economists...»Reply #15