Clinton Urges 401(k)s, Matching Funds

Democratic presidential candidate Hillary RodhamClinton proposed tax cuts of up to $1,000 a year on Tuesday to encourage millions of working-age families to open personal 401 (K) retirement accounts.

“The New York senator said the program would be paid for through higher estate taxes.”

“Clinton first mentioned a so-called “baby bond” last month in an appearance before the Congressional Black Caucus, saying it was just an idea and not a policy proposal. The idea was criticized by Republicans, and she told The Wall Street Journal in an interview published Tuesday that it’s off the table.”

As I tell my children, nothing is free. Mrs. Bill Clinton would like a lot of things, but she will need higher taxes to pay for it. Now that her “baby bond” is off the table, she decided to tax the dead for her new scheme. That’s what higher estate taxes mean folks. Passing YOUR money to your loved ones would become more expensive under this plan.

As fas as I am concerned, her plans just get worse. She is trying to buy votes which should tell us all something.


~ by thedark2 on October 10, 2007.

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