How about Beagle8u’s plan for fixing retirement plans?
In MY plan hourly workers would pay NO income tax on overtime hours, with the option to put the extra earnings in a Roth IRA.
Work a extra 8 hours tax free and get an extra 8 hours pay on your paycheck, and the 4 hours of 1 1/2 time pay goes in your Roth IRA, again, tax free!
That would benefit the guys that work their @$$es off and give them retirement money when they are older.
+1...also geared toward hourly (blue collar) workers; would need to tweak for attorneys & consultants.
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How about Beagle8u’s plan for fixing retirement plans?
In MY plan hourly workers would pay NO income tax on overtime hours, with the option to put the extra earnings in a Roth IRA.
Work a extra 8 hours tax free and get an extra 8 hours pay on your paycheck, and the 4 hours of 1 1/2 time pay goes in your Roth IRA, again, tax free!
That would benefit the guys that work their @$$es off and give them retirement money when they are older.
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One better: Eliminate the 16th, institute a small consumption tax (EVERYBODY has skin in the game...poor > rich, working > retired, illegals\criminals), and people can do w/ their property as they wish; it’s not UP to govt what one does w/ their own...ANYTHING.
Enough w/ the social engineering & pandering.
Win-Win-Win (Rights)