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Sure hope OT doesn't have a 401K

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hypocritexposer

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What they giveth, they can also take away.




Uncle Sam, in a desperate attempt to fix its $16 trillion-plus deficit, is leering over Americans’ retirement nest egg as its new bailout fund.

Capitol Hill politicians are assessing tax changes that could let the Internal Revenue Service lay claim to a portion of the $18 trillion sitting in 401(k) accounts and other tax breaks used by middle-class workers, including cutting the mortgage tax deduction.

A commission looking for ways to close the deficit, and, noting the extent of 401(k) tax breaks, recommends an examination of the system as one way to prevent government bankruptcy.

Besides 401(k)s, other possibilities include the mortgage-interest deduction on second homes, as well as benefits from employer-provided health insurance, which are untaxed now.

http://conservativebyte.com/2012/04/democrats-look-to-tax-your-401k/
 

Tam

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So much for not hiking the taxes on the Middle class!!!! But what did you expect Michelle is looking at four more years of expensive vacations on the tax payer dime. Did you really think the Middle class was not going to have to pay THEIR FAIR SHARE. :roll:

But guess who is next
As reported by the Daily Caller During House Minority Leader Rep. Nancy Pelosi’s (D-CA) weekly address to the press, she was asked by a reporter about the percentage of Americans who do not qualify for and pay no income taxes. Pelosi said that it is a myth because low wage earners pay payroll or sales taxes, but she stressed that she wishes “they would earn more so they could pay more.”

Pelosi wishes the low wage earned could earn more not to better themselves but SO THEY CAN PAY MORE IN TAXES. I guess she thinks the Dems will take back the House and she wants to make sure the LOW WAGE EARNERS pay more so she can buy all the booze she wants to stock the on flight bar in her Government provided Jet.

SPEND SPEND SPEND PULL OUT THE CHINESE CREDIT CARD AND SPEND SPEND SPEND. ALL Tax payers will be paying A LOT MORE if the Dems have their way.

REMEMBER THAT IN NOVEMBER !!!!!!!!!!!!
 

okfarmer

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And how is that not intrusion of personal property?

The very idea that it has been discussed should cause citizens to organize at the local and state level.

The sickness is deeper than just the President.
 

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