Article

2013-02-08 Economy

Restored Payroll Tax Pinches Those Who Earn the Least

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Posted by DarthVader 2013-02-08 12:26|| || Front Page|| [11132 views ] Top

#1 Women and minorities hardest hit.

Posted by DarthVader 2013-02-08 12:26|| 2013-02-08 12:26|| Front Page Top

#2 So, they don't care if SS collapses years earlier due to no funds? Thought so.

Posted by tipover 2013-02-08 16:24|| 2013-02-08 16:24|| Front Page Top

#3 SS will be bailed out by forcing IRA and 401(k) assets to be 'reinvested' in government bonds backed by future SS reciepts.

Posted by Glenmore 2013-02-08 18:19|| 2013-02-08 18:19|| Front Page Top

#4 I have to think that if Champ takes away the 401k and IRA funds that people believe to be 'theirs' that we'll have the revolution some have been suggesting is just around the corner...

Posted by Steve White 2013-02-08 18:23|| 2013-02-08 18:23|| Front Page Top

#5 He'll undoubtedly figure out some way to exempt the unions, Steve. :-(

Posted by Barbara 2013-02-08 19:12|| 2013-02-08 19:12|| Front Page Top

#6 I talked with a handful of people who are considering borrowing from their 401k and paying off their home and just pay themselves interest into their 401k

Posted by Airandee 2013-02-08 19:12|| 2013-02-08 19:12|| Front Page Top

#7 Dumped my 401k into an IRA. Will dump any growth, less taxes :-( into a ROTH once a year. No guarantees, but it was suggested by an financial advisor.

Posted by Besoeker 2013-02-08 19:39|| 2013-02-08 19:39|| Front Page Top

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