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Re: 401k (spin off)
[Re: globe]
#3015387
01/16/20 11:41 AM
01/16/20 11:41 AM
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Joined: Oct 2000
Posts: 14,934
Right Behind You
William
Booner
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Booner
Joined: Oct 2000
Posts: 14,934
Right Behind You
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How likely is it that our 401k savings gets taxed once the 47%ers get in charge? That would just about be my breaking point where I’d want to hurt somebody. Gets taxed? I think that'll be the least of our problems. I'm more worried about a straight confiscation a la Cyprus when the next financial crisis comes around. We are currently spending as a country like a college kid with daddy's credit card with no end in sight.
"The misery of being exploited by capitalists is nothing... compared to the misery of not being exploited at all."
Joan Robinson
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