The GOP has found an innovative way to steal from your future self
|10/21/2017||Posted by BusinessMediaguide.Com under General World News||
- The GOP wants to punish people saving for retirement to finance Trump’s tax cuts.
- A new plan would encourage people to save less and likely tax them at a higher rate if they want to save more.
The GOP has come up with a new idea for paying for the massive tax cuts Trump has promised — steal from American’s retirement savings.
It’s an innovative way to steal from the future that is even less complicated than the old way.
The GOP wants to cap the amount of money you can put into a traditional, tax-deferred 401(k) account, or IRA, at $2,4000. read more >>>