◼ The call by progressives to end 401K plans is growing. Now they’re trying a different tack – these plans that workers contribute to out of their paychecks with some matching funds by employers are being called “subsidies” by the left because the funds aren’t taxed until retirement. - The Lonely Conservative
The progressive leftists have different ideas floating around out there about what to do with our savings. The main message here is that anyone who worked and saved for what they have didn’t earn it. Your earnings, in their minds, belong to someone else. You may not be rich by anyone’s standards, but if you worked and saved for your whole life, in their minds you’re fair game, because there’s someone out there who didn’t work and save. And now somehow that’s your problem. This is the Obama world. Maybe you worked and saved for your entire life as a middle class American. If the money you saved pushes you into the “rich” category by their standards you now must be punished.
