User Panel
User Panel
User Panel
|
Posted: 1/20/2015 8:53:05 PM EDT
[#1]
... such a change would likely result in contributions to these plans declining substantially. Do tell. |
|
|
|
Posted: 1/20/2015 8:54:52 PM EDT
[#2]
That cocksucker can "propose" whatever he wants.
Lets see him get it passed. |
|
|
|
Posted: 1/20/2015 8:55:02 PM EDT
[#3]
Of course he is going after it. He wants people dependent on the government to provide them a free college education. He can't do that if people work hard, save money, and pay for things themselves.
|
|
|
|
Posted: 1/20/2015 8:55:49 PM EDT
[#4]
Quote HistoryQuoted:
Do tell. Quote HistoryQuoted:
... such a change would likely result in contributions to these plans declining substantially. Do tell. Why invest if the benefits are gone? They are doing exactly what they are planning, |
|
|
|
Posted: 1/20/2015 8:57:20 PM EDT
[#5]
Why would anyone save for college.
 Obungwo is getting ready to make it free. Free shit all the things!
|
|
|
|
Posted: 1/20/2015 8:59:07 PM EDT
[#6]
IRAs are next.
|
|
|
|
Posted: 1/20/2015 9:02:03 PM EDT
[#7]
FBHO
|
|
|
|
Posted: 1/20/2015 9:02:26 PM EDT
[#8]
Quote HistoryQuoted: That cocksucker can "propose" whatever he wants. Lets see him get it passed. Yup. FBHO. |
|
|
|
Posted: 1/20/2015 9:02:41 PM EDT
[#9]
Who cares? After tonight it'll be free.
|
|
|
|
Posted: 1/20/2015 9:03:39 PM EDT
[#10]
Quote HistoryQuoted:
IRAs are next. IRAs are for (government) seizing. 
|
|
|
|
Posted: 1/20/2015 9:03:39 PM EDT
[#11]
Quote HistoryQuoted:
That cocksucker can "propose" whatever he wants. Lets see him get it passed. Yep, not gonna happen. It's fucking irritating though. |
|
|
|
Posted: 1/20/2015 9:11:03 PM EDT
[#12]
Quote HistoryQuoted:
IRAs are for (government) seizing. Quote HistoryQuoted:
Quoted:
IRAs are next. IRAs are for (government) seizing. And insurance proceeds and lowering minimums on estates are what I expect in my lifetime |
|
|
|
Posted: 1/20/2015 9:11:37 PM EDT
[#13]
Quote HistoryQuoted:
Yep, not gonna happen. It's fucking irritating though. Quote HistoryQuoted:
Quoted:
That cocksucker can "propose" whatever he wants. Lets see him get it passed. Yep, not gonna happen. It's fucking irritating though. You're banking on Boehner and crew to look out for you? |
|
|
|
Posted: 1/20/2015 9:13:17 PM EDT
[#14]
Quote HistoryQuoted:
That cocksucker can "propose" whatever he wants. Lets see him get it passed. Some proposals may get passed. Be ever vigilant of our elected ones. |
|
|
|
Posted: 1/20/2015 9:13:23 PM EDT
[#15]
Community college for all
. Because students aren't learning enough in high school.
|
|
|
|
Posted: 1/20/2015 9:14:52 PM EDT
[#16]
wow fuck you Obama. i've been saving for my future kids education and you do this shit?
and you propose giving your POS voter base free two years of fucking community college?
 |
|
|
|
Posted: 1/20/2015 9:14:58 PM EDT
[#17]
BTW, every time (since the Reagan era) the Govt. talks about increasing taxes on the rich, it always results in a reduction of write-offs for the middle class.
|
|
|
|
Posted: 1/20/2015 9:15:15 PM EDT
[#18]
Quote HistoryQuoted:
Why invest if the benefits are gone? They are doing exactly what they are planning, Quote HistoryQuoted:
Quoted:
... such a change would likely result in contributions to these plans declining substantially. Do tell. Why invest if the benefits are gone? They are doing exactly what they are planning, Yah, I know. I was just too lazy to dig up a Captain Obvious gif. |
|
|
|
Posted: 1/20/2015 9:19:00 PM EDT
[#19]
I thought the jug eared a$$hole is supposed to discuss how he wants to help the middle class...you know, the class that tries to save for their kids' college? Sounds like he's looking to do just the opposite.
|
|
|
|
Posted: 1/20/2015 9:22:43 PM EDT
[#20]
Seriously doubt it.
|
|
|
|
Posted: 1/20/2015 9:33:08 PM EDT
[#21]
Robbing Peter to pay for Shemeka again I see.
The 529 has a sunset coming up any how (iirc),which is why I never bought in when my kid was born in 03. I expected Uncle to renege before I needed to use one in '21. Buy a second property and reverse mortgage or HELOC one to pay for school, they'll fix that way out too eventually I am sure. |
|
|
|
Posted: 1/20/2015 9:37:16 PM EDT
[#22]
Punish the responsible, reward the irresponsible until all are truly "equal". That's been his goal all along, he told us that's what he wanted, he TOLD US what he wanted to do. And fuckers still voted for him.
Let him preach this idea and let the middle class see for their own eyes and ears what Obama and democrats intend to do. |
|
|
|
Posted: 1/20/2015 9:38:33 PM EDT
[#23]
Quote HistoryQuoted:
Community college for all . Because students aren't learning enough in high school.I visited my friend at a CC. It was a lot like high school include students disrespecting instructors. |
|
|
|
Posted: 1/20/2015 9:40:37 PM EDT
[#24]
All his crap is DOA. Since he is basically a lame duck, for the next two years you will A) see him paint the GOP as the party of no and B) see Boehner cry and give in.
F them all. |
|
|
|
Posted: 1/20/2015 9:41:45 PM EDT
[#25]
As someone who has already invested tens of thousands of dollars in two 529 plans, I am going to be royally pissed if this passes. Even if it only affects gains on future deposits (which is an accounting nightmare in itself).
Expect them to try to expand it to ALL gains, regardless of when the contributions were made, if they get this passed. Then expect them to chip away at tax-advantaged retirement accounts. This is the kind of thing that causes shooting wars if it gets far enough. |
|
|
|
Posted: 1/20/2015 9:42:33 PM EDT
[#26]
Quote HistoryQuoted:
Punish the responsible, reward the irresponsible until all are truly "equal". That's been his goal all along, he told us that's what he wanted, he TOLD US what he wanted to do. And fuckers still voted for him. Let him preach this idea and let the middle class see for their own eyes and ears what Obama and democrats intend to do. There are a lot of fuckers who want their free shit. Welcome to the new America. |
|
|
|
Posted: 1/20/2015 10:21:00 PM EDT
[#27]
Quote HistoryQuoted: I thought the jug eared a$$hole is supposed to discuss how he wants to help the middle class...you know, the class that tries to save for their kids' college? Sounds like he's looking to do just the opposite. He wants to help the middle class become dependent on the government, which is why he is pushing for "free college". Just like he wanted the middle class dependent on the government for healthcare which is why he pushed for "free healthcare". Raise the cost on the hard working middle class until they have no choice but to take the government subsidized option. The median income of the country has dropped 3% since Obama took over. Why do you think that is?
|
|
|
|
Posted: 1/20/2015 10:22:03 PM EDT
[#28]
Quote HistoryQuoted:
Community college for all . Because students aren't learning enough in high school.Those Community Organizers are not going to educate themselves. |
|
|
|
Posted: 1/20/2015 10:24:47 PM EDT
[#29]
The cocksucking faggot can propose whatever he wants. He doesn't pass bills. Good luck passing them with a R controlled house and senate.
|
|
|
|
Posted: 1/20/2015 10:30:01 PM EDT
[#30]
Obama is fucking clueless fucking mother Kenyan
|
|
|
|
Posted: 1/20/2015 10:32:58 PM EDT
[#31]
Quote HistoryQuoted:
That cocksucker can "propose" whatever he wants. Lets see him get it passed. Pshhh .... he just passed it. Fuck congress.... Barry O is above the law. |
|
|
|
Posted: 1/20/2015 10:35:47 PM EDT
[#32]
Quote HistoryQuoted:
Pshhh .... he just passed it. Fuck congress.... Barry O is above the law. Quote HistoryQuoted:
Quoted:
That cocksucker can "propose" whatever he wants. Lets see him get it passed. Pshhh .... he just passed it. Fuck congress.... Barry O is above the law. Explain. Otherwise you can freely admit you don't know wtf you are talking about. |
|
|
|
Posted: 1/20/2015 10:38:43 PM EDT
[#33]
I am starting to think the only way to get ahead is to start stashing random 5's,10's, and 20's in an ammo can under the bed.
|
|
|
|
Posted: 1/20/2015 10:39:05 PM EDT
[#34]
Quote HistoryQuoted:
Do tell. Quote HistoryQuoted:
... such a change would likely result in contributions to these plans declining substantially. Do tell. 529's put after tax money in the account, let it grow, use it for qualified college expenses, you pay no taxes on those earnings. If 529's get the boot, coverdale's may become more popular again. |
|
|
|
Posted: 1/20/2015 10:39:33 PM EDT
[#35]
Quote HistoryQuoted:
The median income of the country has dropped 3% since Obama took over. Why do you think that is? Oh, it gets better. It took $1000 in 2014 to buy what $909 would buy in 2008. Alabama had a PACT state run program to make college "affordable." Knowing the state couldn't fix a one horse race we declined and just opened equity accounts for our two yoots. Did the Form 8615 Kiddie Tax dance for years, put them thru. Predictably, the PACT program imploded with the last financial meltdown, some parents got screwed. The rules have changed now, it might make sense to consult a CPA, but I think solo is still the way to go. |
|
|
|
Posted: 1/20/2015 10:40:14 PM EDT
[#36]
I guess IRAs and 401(k)s will be next.
Fuck the govt. |
|
|
|
Posted: 1/20/2015 10:41:27 PM EDT
[#37]
Quoted:
link President Barack Obama is expected to propose a major change to 529 college-savings plans—removing a tax benefit that has attracted parents to these investment vehicles for years.
The president’s State of the Union address Tuesday night is expected to include a long list of proposed tax changes. Among them: no longer allowing earnings on new contributions in 529 plans to be withdrawn tax-free. If that became law, it would be a major revision to 529 plans, and plan experts say such a change would likely result in contributions to these plans declining substantially. “Contributions would dry up in 529 plans,” says Joe Hurley, founder of Savingforcollege.com, which tracks 529 plans. Over time, as families withdraw the dollars they have stashed in these plans in order to pay college bills, he says the plans might “have a difficult time even staying in existence.” Even better, the withdraws will be made at your INCOME tax rate, not long term capital gains. Thus, driving up your income, thus removing your ability to get grants or aid. This is probably how he plans on funding his other plan... the one about getting free community college for 2 years. |
|
|
|
Posted: 1/20/2015 10:50:49 PM EDT
[#38]
Grrrreat.
|
|
|
|
Posted: 1/20/2015 10:54:32 PM EDT
[#39]
Just wait till they start fucking people with Roth IRA's. Oops, now they're NOT tax free at withdrawal.
|
|
|
|
Posted: 1/20/2015 10:56:52 PM EDT
[#40]
Quote HistoryQuoted: FBHO |
|
|
|
Posted: 1/20/2015 10:58:01 PM EDT
[#41]
Quote HistoryQuoted:
Community college for all . Because students aren't learning enough in high school.10 years ago, students in my BCIS class asked, 'What's a footnote?" Now, they ask, "How do I save my work?" The amount of actual 'work/learning' that is done in HS is pathetic. TRG |
|
|
|
Posted: 1/20/2015 10:58:36 PM EDT
[#42]
Obama is a lame duck. I don't know why people think he can do whatever he wants.
|
|
|
|
Posted: 1/20/2015 10:59:13 PM EDT
[#43]
|
|
|
|
Posted: 1/20/2015 11:06:34 PM EDT
[#44]
Savings plans? IRAs?
What part of BUY STOCKS don't you understand? 
|
|
|
|
Posted: 1/20/2015 11:06:34 PM EDT
[#45]
Quote HistoryQuoted:
wow fuck you Obama. i've been saving for my future kids education and you do this shit? and you propose giving your POS voter base free two years of fucking community college?
It's the trend... |
|
|
|
Posted: 1/20/2015 11:07:46 PM EDT
[#46]
Well, this won't pass, but now you know how they think. Prepare your ROTH accordingly. They'll get it done eventually. Now you know.
|
|
|
|
Posted: 1/20/2015 11:12:36 PM EDT
[#47]
Quote HistoryQuoted:
As someone who has already invested tens of thousands of dollars in two 529 plans, I am going to be royally pissed if this passes. Even if it only affects gains on future deposits (which is an accounting nightmare in itself). Expect them to try to expand it to ALL gains, regardless of when the contributions were made, if they get this passed. Then expect them to chip away at tax-advantaged retirement accounts. This is the kind of thing that causes shooting wars if it gets far enough. Getting time to start using the bank of mattress. |
|
|
|
Posted: 1/20/2015 11:17:54 PM EDT
[#48]
I never wanted to involve the government in me saving my my kid's college. I get enough government as is.
|
|
|
|
Posted: 1/20/2015 11:24:45 PM EDT
[#49]
Quote HistoryQuoted:
Robbing Peter to pay for Shemeka again I see. The 529 has a sunset coming up any how (iirc),which is why I never bought in when my kid was born in 03. I expected Uncle to renege before I needed to use one in '21. Buy a second property and reverse mortgage or HELOC one to pay for school, they'll fix that way out too eventually I am sure. Bingo. I'm planning to use a Roth IRA or bonds taxed at long term capital gains to pay for my kid's college. I don't trust 529 plans because liberals like Obama thing they're "unfair". In fact, I'm a little nervous about Roths for my own retirement, because I expect leftists to attack them too when social security hits the fan. They hate the middle class and all the sacrifices we make to help our own kids. |
|
|
|
Posted: 1/20/2015 11:30:15 PM EDT
[#50]
Quote HistoryQuoted:
Obama is a lame duck. I don't know why people think he can do whatever he wants. hell i think HE still thinks he can do whatever he wants. |
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
