The Loft

Posted by highlysuspect on October 24, 2008 in politics | ∞

Not written by yours truly, but an interesting article nonetheless.

Thankfully, since being reported on GOPUSA and other sources, Americans are finally starting to hear about Barack Obama’s socialist agenda. His income tax policy of taking money from one group and giving it to another group who doesn’t pay income tax is simply a welfare program. With Democrats in charge of the U.S. House, Senate, and the White House, that’s exactly the kind of big-government program we would get. And it doesn’t stop there.

Democrats are now looking at a plan to go after Americans’ 401k accounts. These accounts serve as the retirement nest-egg for millions of Americans. They are used because money can be saved in these accounts tax-free. Oh, that is unless that new Democrat plan of “spread the wealth” becomes law. Then, we could all see our 401k tax breaks go out the window…

The Loft.

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