Joe Biden Promises To End Traditional 401(k)-Style Retirement Savings Tax Benefits. What’s That Mean?

Elizabeth BauerSenior ContributorRetirementI write about retirement policy from an actuary’s perspective.

Round about a month ago, I took a closer look at Joe Biden’s retirement-related policy proposals, or, more specifically, those of the “Unity Task Force,” which had just released its final document.

One of the items in that document and on the Biden campaign website is a promise to “equalize the network of retirement saving tax breaks” — a proposal that generally translates to eliminating the tax advantages currently enjoyed by retirement savings accounts and replacing them with a “credit” or “match.” The idea is that the tax advantages, or “tax expenditures,” as they’re called, disproportionately accrue to relatively higher earners, and the hope of a change is to provide benefits in equal measure to all income groups.

https://www.forbes.com/sites/ebauer/2020/08/25/joe-biden-promises-to-take-away-401k-style-retirement-savings-whats-that-mean/#24f34f574eb0

Clinesmith’s Guilty Plea: The Perfect Snapshot of Crossfire Hurricane Duplicity

By ANDREW C. MCCARTHY

Carter Page was a CIA asset, not a Russian spy, and the FBI knew it early on but plowed ahead with its fantasy anyway.

Author’s Note: This is the first of a three-part series.

To answer the question posed in last Tuesday’s column, Yes, Kevin Clinesmith did plead guilty Wednesday. Sort of.

Well, maybe it was a smidge better than “sort of.” After all, it did happen in a federal-district-court proceeding (via videoconference) on Wednesday. And Judge James Boasberg did accept the plea after eliciting it in accordance with settled criminal-law rules. Sentencing is scheduled for December 10. So it’s official.

Clinesmith’s Guilty Plea: The Perfect Snapshot of Crossfire Hurricane Duplicity

CITIZEN FREE PRESS

Uh-oh, GOODYEAR training audio leaks…

Posted by Kane on August 20, 2020 11:12 pm

“Some people may wish to express their views on social justice or inequity or equity issues such as black lives matter or LGBTQ pride on their face coverings, shirts, or wristbands. That will be deemed approved because it applies with a zero-tolerance stance,” said the speaker. “However if any associate wears all, blue, white lives matter shirts or face coverings, that will be not appropriate.”

Pro Life News

President Trump’s Bioethics Panel Rejects 13 Projects Using Body Parts From Aborted Babies

A new bioethics advisory board appointed by President Donald Trump released its first report Tuesday, recommending that the government reject funding for 13 of 14 research projects that plan to use aborted baby body parts.

Ratings for Democrat Convention Drop 28% as Americans Oppose Pro-Abortion Joe Biden

With the 2020 Democratic National Convention going virtual, Monday’s ratings saw a total drop about 28 percent from the first evening of the event four years ago in both television numbers and cable TV coverage.

College Professor Stopped From Dismissing Pro-Life Students From Her Class

Iowa State University forced one of its English professors to revise her syllabus this week after she threatened to dismiss students who disagree with her on abortion and other political issues.

Psams 139;14-16 We are fearfully and wonderfully made….

John 10:10 thief comes to steal KILL and destroy, but Christ brings abundant life.

Iraqi Prime Minister

The new Iraqi prime minister just landed in Washington DC and wa a received with the highest honors. Prior to his landing he made it clear that he is interested in strong US Iraq relations. His words sent Iran to order it’s militia forces to attack several times US bases in Iraq. @BeholdIsrael

Chris Wallace calls out Joe Biden for employing ‘basement strategy’: ‘The damnedest thing I’ve ever seen’

‘I don’t think you can hide from now until Election Day’

Fox News host Chris Wallace called out presumptive Democratic nominee Joe Biden last week for what the “Fox News Sunday” host characterized as the “basement strategy.”POLL: Will Joe Biden still be the Democratic Party’s presidential candidate when we get to November?

Biden has been largely absent from the public eye during the coronavirus pandemic, which was not entirely unsurprising given the former vice president’s gaffe-prone nature. But even as the Biden campaign prepares to formally accept the Democratic presidential nomination this week, the campaign continues to employ its strategy of remaining out of the limelight.

The campaign’s behavior is especially unusual, according to Wallace — especially for the week of the convention.

“So I’ve been doing Sunday shows with conventions. I started on ‘Meet the Press’ in 1988. I’ve been doing it on and off for what? What is that? 32 years. And it always happens that the Sunday before the convention, the campaign puts out top officials to preview the convention and to say this is what we’re gonna try to get accomplished,” Wallace began.

So, you know, we’ve been counting all week on, you know, having a top official from the Biden campaign — the campaign manager, the top pollster, the chief strategist — to talk about what they’re going to talk about during this next week. They are not putting anybody out,” he continued. “And at first I thought, well, maybe it’s because it’s Fox News and they’re boycotting us. No, they’re not putting anybody out on any of the Sunday shows.”

Wallace, speaking on Guy Benson’s Fox News Radio show, went on to call the strategy the “damnedest thing” he has ever witnessed in political strategy.

“I don’t understand what’s going on here. This is the damnedest thing I’ve ever seen,” Wallace said.

“The Biden campaign isn’t putting anybody out. And this just is of a piece with the vice president not doing really any serious interviews, not answering any questions since the rollout,” Wallace continued. “He continues to lead with what I’ll call the basement strategy.”

“I don’t think you can hide from now until Election Day. I just don’t think it’s possible,” Wallace said.https://omny.fm/shows/guy-benson-show/guy-benson-show-8-14-2020/embed

https://www.theblaze.com/news/chris-wallace-calls-out-joe-biden-for-employing-basement-strategy-the-damnedest-thing-ive-ever-seen