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Old 10-19-2020, 10:05 AM
 
8,400 posts, read 3,889,701 times
Reputation: 6022

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Quote:
Originally Posted by Enough_Already View Post
One correction: Yahoo is not neutral, it is a far left website. Nearly all of the articles they post support the left agenda. The had to eliminate their comment section because the fact they were playing fast and loose with facts was being called out in nearly every article.
Yahoo Finance is far left? Hardly.

I can't speak for the rest of Yahoo, but Yahoo Finance does not lean left by any means.
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Old 10-19-2020, 10:07 AM
 
Location: 0.83 Atmospheres
11,475 posts, read 11,648,264 times
Reputation: 11996
Quote:
Originally Posted by TexasLawyer2000 View Post
Yahoo Finance is far left? Hardly.

I can't speak for the rest of Yahoo, but Yahoo Finance does not lean left by any means.
It’s like a reflex with these guys anymore. Anything not from Breitbart or OWN is branded far left. It simplifies their lives because they don’t have to read anything that hasn’t come from the echo chamber.
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Old 10-19-2020, 10:11 AM
 
8,400 posts, read 3,889,701 times
Reputation: 6022
Quote:
Originally Posted by NewbieHere View Post
This is terrible.
The 401k in general is terrible. Let's eliminate it.
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Old 10-19-2020, 10:14 AM
 
7,270 posts, read 4,247,233 times
Reputation: 5469
Quote:
They might keep the pre-tax 401k contribution rules the same and add a new tax credit so people can get extra money at end of year but no change otherwise. That is more likely.
This is the opposite of what Biden will do. He is all about raising tax revenue to pay for his free giveaways, support for illegals, and green new deal. See other thread where WSJ predicts added $6500 cost to households due to his programs.
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Old 10-19-2020, 10:14 AM
 
Location: Bella Vista, Ark
77,770 posts, read 105,285,071 times
Reputation: 49251
Quote:
Originally Posted by pilotpair View Post
Here's an article from Yahoo, which I assume is neutral, on Biden's plant to revamp 401(k)s.

https://finance.yahoo.com/news/biden...185735771.html

Basically, Biden wants to replace tax deductibility with tax credits and manipulate the
math to give lower-income savers more credits and reduce the credits for higher
income savers.

Although Biden's goal is to get more lower-income employees to participate, the Obama
administration offered incentives with the same goal, but that plan was discontinued
after three years because of low participation.

Lower income employees don't contribute to 401(k)s because they don't have the
discrentionary income to participate, offering them higher tax credits is unlikely to
change that. But it will certainly roil the rest of us.
Yahoo is anything other than neutral about anything!!!!!
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Old 10-19-2020, 10:17 AM
 
Location: 0.83 Atmospheres
11,475 posts, read 11,648,264 times
Reputation: 11996
Quote:
Originally Posted by nmnita View Post
Yahoo is anything other than neutral about anything!!!!!
Yahoo Finance.
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Old 10-19-2020, 10:32 AM
 
Location: SoCal
20,160 posts, read 12,857,572 times
Reputation: 16994
Quote:
Originally Posted by TexasLawyer2000 View Post
The 401k in general is terrible. Let's eliminate it.
Speak for yourself. CNBC has an article, corporations will drop 401k period, millions will have no savings for retirement.
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Old 10-19-2020, 11:04 AM
 
8,400 posts, read 3,889,701 times
Reputation: 6022
Quote:
Originally Posted by NewbieHere View Post
Speak for yourself. CNBC has an article, corporations will drop 401k period, millions will have no savings for retirement.
Yes, absolutely. I am speaking for myself and others that understand personal responsibility.

If you only save because the big government provides provides a 401k, that's telling.
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Old 10-19-2020, 12:58 PM
 
Location: just NE of Tulsa, OK
1,458 posts, read 1,174,547 times
Reputation: 2169
Quote:
Originally Posted by nmnita View Post
Yahoo is anything other than neutral about anything!!!!!
Quote:
Originally Posted by SkyDog77 View Post
Yahoo Finance.
Yahoo is MSM which means, putting it mildly, they lean left. YahooFinance falls under that left-leaning umbrella because they choose the "articles" they wish to post. BUT! One should look at the source of whatever article they are reading that's posted on Yahoo (news, finance, etc.). The article cited by the OP was sourced from Fox Business, FYI.
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Old 10-19-2020, 01:00 PM
 
Location: just NE of Tulsa, OK
1,458 posts, read 1,174,547 times
Reputation: 2169
Quote:
Originally Posted by TexasLawyer2000 View Post
The 401k in general is terrible. Let's eliminate it.
What's terrible about "the 401(k)"? Honest question.
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