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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.
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.
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.
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!!!!!
Yahoo is anything other than neutral about anything!!!!!
Quote:
Originally Posted by SkyDog77
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.
The 401k in general is terrible. Let's eliminate it.
What's terrible about "the 401(k)"? Honest question.
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