But I don't see how discouraging retirement savings is good policy.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34488308)

No way GOP will include this - also article is kind of sketchy - it's super vague and sounds like it's just in some list of "things that haven't officially been ruled out yet", not that this is something GOP lawmakers particularly want or are trying to include.

But I'll be goddamned if this goes through b/c I'll turncoat in a heartbeat.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34506463)

UMC faggots have always and will always be raped by the tax man. Business owners are already styling all over you with their SEP-IRAs.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34506662)

I have a hard time believing they would pass something so uniformly unpopular - even if we are talking about Republican congressmen.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34507309)

actually, what they should do instead is allow employers to defer payments to later years.

lets say you are in a high paying job but plan to quit it in 5 years. they should allow employers to break up your pay check over the course of say 20 years. So a worker isn't hit with a high tax bracket on a job they are not in forever.

It would be a win win for the employer and the employee. the employer would not have to pay until later in time, which would be relatively less money because of inflation and how they could invest it in the present instead. the employee would get a stable income over more years while paying less taxes overall.

but of course, the government is doing the opposite.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34488872)

the focus should be the opposite. increase stability and businesses will thrive and people will spend more money in the long run.

the government only looks for dumb temporary solutions though to show they are doing something.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34488934)

but there are a lot of companies, firms, etc. that have been around for dozens if not hundreds of years, where this would be a safe bet.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34488947)

i like the idea though

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34488997)

but talk about sucking the gc cock

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34492694)

How many times have we been down this road?

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34489348)

Stop being so hysterical.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34489132)

You're just off base.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34495696)

1) a Never Trump staffer or member leaked this made up plan to try to sabotage everything/make GOP look bad.

2) there was legit talk of a much smaller cut to 401k contributions and someone leaked this either as way to rile people up and embarrass the GOP into not making any cuts to 401k contributions

3) OR to make the smaller cuts seems more palatable

What this is not, is a serious proposal that will actually happen.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34493595)

http://www.investmentnews.com/article/20171019/FREE/171019910/shift-to-roth-401-k-s-highly-likely-part-of-tax-reform-former

Really hard to argue that some biglaw partner should be able to get a tax break on his 401k contribution. Moving people to Roth 401k is a compromise. Of course, like everything else, it’s a form of debt to pay for shit we can’t afford now. Would also embolden the conspiracy theory that the US won’t honor the tax free status of Roth withdraws when they start happening.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34493726)

Republicans are looking for ways to generate revenue to support broad reductions in individual tax rates. One idea is to limit the amount of pretax money households can sock away for retirement saving. Such a move would likely generate significant political blowback but it hasn’t been explicitly ruled out, stirring worry among industry lobbyists.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34493736)

Other than you rich coddled fags, most people expect to work until they die.

(http://www.autoadmit.com/thread.php?thread_id=3769723&forum_id=2#34494098)