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Bengus81

(6,931 posts)
Tue Oct 24, 2017, 08:26 AM Oct 2017

So middle class working slobs.... YOUR tax cut is your 401k or IRA.

Thanks for NOTHING Trump,we've had those available for decades so making a big deal that they "stay" in return for massive tax cuts for the ultra rich will fall on deaf ears.

King CON with his tax cut will explode the deficit and start the ball rolling on trillions added to the national debt. We've seen it before,hell we just got finished with four years of it in Kansas and ended up almost a BILLION in budget shortfalls to show for a zero percent tax rate for Corporations.

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So middle class working slobs.... YOUR tax cut is your 401k or IRA. (Original Post) Bengus81 Oct 2017 OP
I'm wondering why they can mess with our 401k? imanamerican63 Oct 2017 #1
Which Of Course, Raises UE Level ProfessorGAC Oct 2017 #2
This genxlib Oct 2017 #3
Just Fucking Stupid... ProfessorGAC Oct 2017 #4

ProfessorGAC

(65,028 posts)
2. Which Of Course, Raises UE Level
Tue Oct 24, 2017, 08:35 AM
Oct 2017

As jobs don't open up when retirees pull the plug, that just makes for more people for whom there are no jobs.

This is preposterously stupid macroeconomic policy.

genxlib

(5,526 posts)
3. This
Tue Oct 24, 2017, 09:24 AM
Oct 2017

Every time they talk about policies that keep people in the work force longer, it is a massive kick in the balls to the younger generation that needs those jobs.

It is especially obvious when they talk about extending the retirement age for SS. It might actually be a better deal for younger generations to pay more in SS taxes if they actually had access to the promotions that would result from people leaving the workforce.

To me this is one of the best reasons to extend Medicare. At the very least, I would offer a buy-in program for anyone over 55. With a fixed cost on insurance, many people would retire on their own terms instead of continuing to slave away just for health care.

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