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Ack! House Democrats contemplate abolishing 401(k) tax benefits.

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MrsProfessor
hi

Member since 5/05

14279 total posts

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Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by VirginiaDeb

Now, I don't have a 401 k (I have a 403B... which my district doesn't match) so it doesn't really affect me... but that does not sound like a good idea. It sounds like a lot of people will get really screwed.



I am in the same boat, though my DH does have a 403(b) that his school puts 9% into. I wonder if he (and by extension, me) will be affected.

Posted 10/22/08 9:04 PM
 
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Cpt2007
A new love!

Member since 1/08

5946 total posts

Name:
Liz

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Even if this were to result in a bill, and that bill were to make it out of the House Committee, it would die on the floor of the House. And it would never make it out of the HELP Committee on the Senate side. It won't happen.

Posted 10/22/08 9:39 PM
 

DaniJude
You're My Home <3

Member since 11/06

14815 total posts

Name:
Danielle

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by Linda1003

Chat Icon Chat Icon Chat Icon Chat Icon

Can't stand it anymore!!! Government needs to BACK OFF MY MONEY!!!!!!!!!!!!!!!Chat Icon Chat Icon Chat Icon Chat Icon

This is a major reason I cannot vote Democrat!!!! LET ME MAKE MY OWN DECISIONS ABOUT MY MONEY!!!



I totally agree.

That is why I am such a huge fan of Ronald Reagan and his conservative ideals. Government: BACK OFF!

Posted 10/22/08 9:42 PM
 

LittleBlueBug
Happy Mommy

Member since 9/06

4074 total posts

Name:

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

I never say anything is an impossibility these days, but I really do hope that this does not happenChat Icon Chat Icon

Posted 10/22/08 11:00 PM
 

MrsERod
Praying for Everyone.

Member since 5/05

26170 total posts

Name:
MrsERod™®

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by Cpt2007

Even if this were to result in a bill, and that bill were to make it out of the House Committee, it would die on the floor of the House. And it would never make it out of the HELP Committee on the Senate side. It won't happen.




i agree with this

Posted 10/22/08 11:02 PM
 

dm24angel
Happiness

Member since 5/05

34581 total posts

Name:
Donna

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

I dont think it will ever happen. And yes, I read the never say never posts but I cannot worry myself over everything that "could " happen in this world unless I have better proof or I will go nuts KWIM?

Posted 10/22/08 11:03 PM
 

Songwriter76
LIF Adult

Member since 4/08

902 total posts

Name:
David

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by snowflake08

seriously, without starting DRAMA, since congress has SUCH a low approval rate (i think i heard 18% today), WHY would we want a democratic president?



Ooooh I know!!!! Because a Republican was President during 9/11, Katrina, Iraq and record stock market crash!

Is that enough of a reason?

If not, how about still not getting Bin Laden, Al Queda being more powerful now than since 9/11, not allowing federal funding for stem cell research, not allowing homosexuals the right to get married, hoping to ban a woman's right to choose, illegal wiretapping, basically ignoring the constitution, promotion of the failed economic policy of trickle-down economics, alienating all of our allies...

Want more reasons? I can go on. Just let me know!



Message edited 10/23/2008 10:15:20 AM.

Posted 10/23/08 10:02 AM
 

twiceasnice
LIF Adult

Member since 2/08

1126 total posts

Name:

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by Songwriter76

Posted by snowflake08

seriously, without starting DRAMA, since congress has SUCH a low approval rate (i think i heard 18% today), WHY would we want a democratic president?



Ooooh I know!!!! Because a Republican was President during 9/11, Katrina, Iraq and record stock market crash!





I think I just vomitted in my Mouth!

So Bush called on the wind and rain for Katrina.

Bush was responsible for all terroists training to attack us when Clinton was President. (OH and we haven't had an attack since)

Bush IS the reason we are in Iraq..God Bless him!

And the stock market!!! Are you kidding, this stuff doesn't happen overnight or in 8 Years!

Please remember what the job of Congress and tell me what they have done this past year!

And remember whats called "Checks and Balances".

Posted 10/23/08 10:57 AM
 

Diane
Hope is Contagious....catch it

Member since 5/05

30683 total posts

Name:
D

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

[

Message edited 10/23/2008 1:46:28 PM.

Posted 10/23/08 12:50 PM
 

melbalalala
Little Lady

Member since 5/07

5014 total posts

Name:
Melissa

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by twiceasnice

Bush IS the reason we are in Iraq..God Bless him!




Speaking of vomiting in my mouth....

Posted 10/23/08 1:25 PM
 

snowflake08
Love my boys!!!

Member since 8/07

5148 total posts

Name:
Laura

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by Songwriter76

Posted by snowflake08

seriously, without starting DRAMA, since congress has SUCH a low approval rate (i think i heard 18% today), WHY would we want a democratic president?



Ooooh I know!!!! Because a Republican was President during 9/11, Katrina, Iraq and record stock market crash!

Is that enough of a reason?

If not, how about still not getting Bin Laden, Al Queda being more powerful now than since 9/11, not allowing federal funding for stem cell research, not allowing homosexuals the right to get married, hoping to ban a woman's right to choose, illegal wiretapping, basically ignoring the constitution, promotion of the failed economic policy of trickle-down economics, alienating all of our allies...

Want more reasons? I can go on. Just let me know!




um ok; somewhat snotty
i was asking a question and prefaced it with "not to cause drama"

apparently no questions allowed

Posted 10/23/08 1:26 PM
 

Luv2bAmom
LIF Adult

Member since 2/08

1255 total posts

Name:
J

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by melbalalala

Posted by twiceasnice

Bush IS the reason we are in Iraq..God Bless him!




Speaking of vomiting in my mouth....



And if McCain were elected, he would be the reason we would stay in Iraq forever!!!!


Okay now I am really gonna be sick!

Posted 10/23/08 1:27 PM
 

MrsRivera
2 under 2...whew!!

Member since 2/07

9876 total posts

Name:
Beth

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by snowflake08

Posted by Songwriter76

Posted by snowflake08

seriously, without starting DRAMA, since congress has SUCH a low approval rate (i think i heard 18% today), WHY would we want a democratic president?



Ooooh I know!!!! Because a Republican was President during 9/11, Katrina, Iraq and record stock market crash!

Is that enough of a reason?

If not, how about still not getting Bin Laden, Al Queda being more powerful now than since 9/11, not allowing federal funding for stem cell research, not allowing homosexuals the right to get married, hoping to ban a woman's right to choose, illegal wiretapping, basically ignoring the constitution, promotion of the failed economic policy of trickle-down economics, alienating all of our allies...

Want more reasons? I can go on. Just let me know!




um ok; somewhat snotty
i was asking a question and prefaced it with "not to cause drama"



apparently no questions allowed



You asked. She answered. What's the problem?

I find it funny that you usually get heated with your answers, yet when someone else answers in the same tone, it's considered "snotty"... Chat Icon

Posted 10/23/08 1:35 PM
 

Cpt2007
A new love!

Member since 1/08

5946 total posts

Name:
Liz

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by twiceasnice

And remember whats called "Checks and Balances".



Checks and balances are apparently a requirement when it's a Dem in the WH but not when a Republican is, I guess...

Let's remember that the Republican Party was in full control of Congress for no less than 5 years of this current administration.

Posted 10/23/08 1:42 PM
 

snowflake08
Love my boys!!!

Member since 8/07

5148 total posts

Name:
Laura

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by MrsRivera

Posted by snowflake08

Posted by Songwriter76

Posted by snowflake08

seriously, without starting DRAMA, since congress has SUCH a low approval rate (i think i heard 18% today), WHY would we want a democratic president?



Ooooh I know!!!! Because a Republican was President during 9/11, Katrina, Iraq and record stock market crash!

Is that enough of a reason?

If not, how about still not getting Bin Laden, Al Queda being more powerful now than since 9/11, not allowing federal funding for stem cell research, not allowing homosexuals the right to get married, hoping to ban a woman's right to choose, illegal wiretapping, basically ignoring the constitution, promotion of the failed economic policy of trickle-down economics, alienating all of our allies...

Want more reasons? I can go on. Just let me know!




um ok; somewhat snotty
i was asking a question and prefaced it with "not to cause drama"



apparently no questions allowed



You asked. She answered. What's the problem?

I find it funny that you usually get heated with your answers, yet when someone else answers in the same tone, it's considered "snotty"... Chat Icon



it was the tone of the response
i asked a question expecting an answer
not a list of sarcasm but whatever
so tired of this
no matter what i say it is just scrutinized

Posted 10/23/08 1:48 PM
 

twiceasnice
LIF Adult

Member since 2/08

1126 total posts

Name:

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by Luv2bAmom

Posted by melbalalala

Posted by twiceasnice

Bush IS the reason we are in Iraq..God Bless him!




Speaking of vomiting in my mouth....



And if McCain were elected, he would be the reason we would stay in Iraq forever!!!!


Okay now I am really gonna be sick!



I am prior military and the military supports McCain 3:1. WHat does that tell you?

Have you served?

Posted 10/23/08 1:48 PM
 

Luv2bAmom
LIF Adult

Member since 2/08

1255 total posts

Name:
J

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by twiceasnice

Posted by Luv2bAmom

Posted by melbalalala

Posted by twiceasnice

Bush IS the reason we are in Iraq..God Bless him!




Speaking of vomiting in my mouth....



And if McCain were elected, he would be the reason we would stay in Iraq forever!!!!


Okay now I am really gonna be sick!



I am prior military and the military supports McCain 3:1. WHat does that tell you?

Have you served?



I have no idea what that has to do with what I posted? Chat Icon

Anyway I respect all who are and have served in the armed forces,but that does not mean they get to choose who our next president is, we all get a say, so from the polls McCain is behind, what does that tell you!

Posted 10/23/08 1:52 PM
 

HoneyBadger
YourWorstNightmare.

Member since 10/06

15979 total posts

Name:
BahBahBlackJeep

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by twiceasnice

I am prior military and the military supports McCain 3:1. WHat does that tell you?

Have you served?




It tells me there are A LOT of scary people out there if ANYONE supports a WAR. I should hope NO ONE supports the idea of going to war.

Scary.

No, I am not nor ever will be in the military - though I'm not sure what that has to do with my answer.

Posted 10/23/08 1:56 PM
 

Blazesyth
*yawn*

Member since 5/05

8129 total posts

Name:

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

We need snopes for this... Chat Icon

Troops Deployed Abroad Give 6:1 to Obama

Posted 10/23/08 1:59 PM
 

twiceasnice
LIF Adult

Member since 2/08

1126 total posts

Name:

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by Luv2bAmom

Posted by twiceasnice

Posted by Luv2bAmom

Posted by melbalalala

Posted by twiceasnice

Bush IS the reason we are in Iraq..God Bless him!




Speaking of vomiting in my mouth....



And if McCain were elected, he would be the reason we would stay in Iraq forever!!!!


Okay now I am really gonna be sick!



I am prior military and the military supports McCain 3:1. WHat does that tell you?

Have you served?



I have no idea what that has to do with what I posted? Chat Icon

Anyway I respect all who are and have served in the armed forces,but that does not mean they get to choose who our next president is, we all get a say, so from the polls McCain is behind, what does that tell you!



No the military doesn't pick the President and if McCain were to be elected (which yes he lagging in the polls) 75% of the Armed Forces currently serving would be happy to continue to serve in Iraq.

Posted 10/23/08 2:00 PM
 

Luv2bAmom
LIF Adult

Member since 2/08

1255 total posts

Name:
J

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by twiceasnice

Posted by Luv2bAmom

Posted by twiceasnice

Posted by Luv2bAmom

Posted by melbalalala

Posted by twiceasnice

Bush IS the reason we are in Iraq..God Bless him!




Speaking of vomiting in my mouth....



And if McCain were elected, he would be the reason we would stay in Iraq forever!!!!


Okay now I am really gonna be sick!



I am prior military and the military supports McCain 3:1. WHat does that tell you?

Have you served?



I have no idea what that has to do with what I posted? Chat Icon

Anyway I respect all who are and have served in the armed forces,but that does not mean they get to choose who our next president is, we all get a say, so from the polls McCain is behind, what does that tell you!



No the military doesn't pick the President and if McCain were to be elected (which yes he lagging in the polls) 75% of the Armed Forces currently serving would be happy to continue to serve in Iraq.



Oh so does not mean we should stay in a costly war that many beleive (myself included) we entered under false pretense. I don't think so!

Posted 10/23/08 2:04 PM
 

twiceasnice
LIF Adult

Member since 2/08

1126 total posts

Name:

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by Blazesyth

We need snopes for this... Chat Icon

Troops Deployed Abroad Give 6:1 to Obama



The Military Times Recently did a poll. You link was from August.

Military Times 10-08

Message edited 10/23/2008 2:06:07 PM.

Posted 10/23/08 2:05 PM
 

snowflake08
Love my boys!!!

Member since 8/07

5148 total posts

Name:
Laura

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

was one of the false pretenses that Colin Powell made us believe it was the right thing to do because there were weapons of mass destruction?

Posted 10/23/08 2:05 PM
 

Blazesyth
*yawn*

Member since 5/05

8129 total posts

Name:

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by twiceasnice

Posted by Blazesyth

We need snopes for this... Chat Icon

Troops Deployed Abroad Give 6:1 to Obama



The Military Times Recently did a poll. You link was from August.

Military Times 10-08



My link relates to military donations up until July; your link relates to votes.

They are really 2 seperate things.

Posted 10/23/08 2:11 PM
 

twiceasnice
LIF Adult

Member since 2/08

1126 total posts

Name:

Re: Ack! House Democrats contemplate abolishing 401(k) tax benefits.

Posted by Luv2bAmom

Posted by twiceasnice

Posted by Luv2bAmom

Posted by twiceasnice

Posted by Luv2bAmom

Posted by melbalalala

Posted by twiceasnice

Bush IS the reason we are in Iraq..God Bless him!




Speaking of vomiting in my mouth....



And if McCain were elected, he would be the reason we would stay in Iraq forever!!!!


Okay now I am really gonna be sick!



I am prior military and the military supports McCain 3:1. WHat does that tell you?

Have you served?



I have no idea what that has to do with what I posted? Chat Icon

Anyway I respect all who are and have served in the armed forces,but that does not mean they get to choose who our next president is, we all get a say, so from the polls McCain is behind, what does that tell you!



No the military doesn't pick the President and if McCain were to be elected (which yes he lagging in the polls) 75% of the Armed Forces currently serving would be happy to continue to serve in Iraq.



Oh so does not mean we should stay in a costly war that many beleive (myself included) we entered under false pretense. I don't think so!



I don't remember too many naysayers back when our towers collapsed and threats were continually made on US land.

The issue is some think we should stay and some think we should go. Obviously we disagree and my point is that 75% of the men and women in Iraq believe in what they are doing, are proud to be serving and think they should finish what was started.

Posted 10/23/08 2:15 PM
 
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