Yeah, election day being on a Tuesday is dumb as hell.

1/13/2013 1:03:14 PM

So this shouldnt really come as a huge surprise to most, given the trend of wage stagnation, filling previously held middle class jobs with lower paying ones, vanishing pensions along with diminished benefits in the work place, etc...; but apparently more and more workers have been dipping into their 401k retirement funds to make ends meet.

http://www.washingtonpost.com/business/economy/401k-breaches-undermining-retirement-security-for-millions/2013/01/14/f54a0e90-5e70-11e2-8acb-ab5cb77e95c8_story.html


This obviously sets the current workforce up to have much less in retirement

1/15/2013 1:41:52 PM

http://www.washingtonpost.com/opinions/robert-samuelson-americas-clash-of-generations-is-inevitable/2013/12/08/e4810416-5ea0-11e3-be07-006c776266ed_story.html

Opinion piece discussing ways the younger generation is fitting the bill for the older generation.

12/9/2013 3:59:09 PM

Wait until they start taxing retirement accounts more in 5-15 years to raise cash for god knows how many underwater entitlement programs there will be by then. That roth you put after tax money into and at 59.5 you go to take out earnings on it?????

The capital gains tax statistic that .1% of the people control 50% of the capital gains distribution will never change. The politicians, lobbyists, and corporations that control Washington ARE the .1%. They aren't going to hurt themselves. The average American has no idea about the capital gains tax structure. Don't believe me, ask your coworker beside you. And we can all assume the paycheck to paycheck (or worse) folks probably have more important things to deal with than the tax code on "them stocks and bonds."

I think Buffet a few years ago asked the question "Why does my secretary who makes 60k pay more in taxes as a % than I do?" He's the only one I've ever heard of go on record about this.

12/9/2013 4:33:10 PM

http://www.wral.com/a-glance-at-the-new-rich-a-rising-us-group/13197327/

12/9/2013 4:57:01 PM