Talk of The Villages Florida - View Single Post - Say Good-Bye to 401K and IRA
Thread: Say Good-Bye to 401K and IRA
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Old 03-19-2024, 07:06 PM
jimjamuser jimjamuser is offline
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Originally Posted by retiredguy123 View Post
It's not a bad thing for retirees, but it is a bad thing for the Government because it reduces revenue to a country that is $34 trillion in debt.
National debt numbers are totally meaningless !!!!!!The number appears scary today because interest rates are high. And I could collect all the money in a heartbeat just by making the rich class like Musk and etc pay their fair share. In the 1960 part of the reason there was a solid middle class was that the upper classes paid more taxes. They slowly change it to suit themselves and we were like a frog in hot water, we did not complain because it happened slowly.