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To: SeekAndFind
Oh, the politicians have a solution alright, Bill Clinton even let it slip once and got royally slammed by both sides. But when push comes to shove, they will do it in a heartbeat. Know what I'm talking about? The one huge multitrillion dollar source of income that the government hasn't found a direct way to get it's grubby paws on?

Figured it out? I'm talking about private retirement accounts, 401K's and the like. Clinton once proposed a one time "tax" of approximately 10%-15% of the current value of all 401K's to permanently shore up Social Security. Some of the really far left politicians have floated the idea of seizing ALL 401K's and then putting them under government control as sort of a Social Security Plus retirement benefit.

After all it's hardly fair to those financial deadbeats that never saved that you have a huge nest egg out there.../sarcasm off

34 posted on 10/25/2018 12:56:08 PM PDT by apillar
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To: apillar

‘Effectively, Labour has stolen £5bn a year from our pension funds. And that 1997 legislation really set the tone for things to come.’

https://www.thisismoney.co.uk/money/pensions/article-1692321/Has-Labour-really-ransacked-our-pensions.html


38 posted on 10/25/2018 1:00:52 PM PDT by Brian Griffin
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