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Reply to "Should 401ks be phased out? "
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[quote=Anonymous][quote=Anonymous]This is seriously beyond stupid. Unless you're recommending UBI and a stronger pension system as a replacement, please get out.[/quote] Exactly, in terms of actual dollars and percentage of income, the rich contribute more towards taxes that go towards building and maintaining infrastructure (roads, essential services etc) and also for social security. I would argue that the poor and LMC actually benefit disproportionately from the rich, not just for day to day functioning but also to qualify for need based college financial aid, pell grants etc. You want to take away the few incentives that UMC have to save for future? At that point just implement the UBI [/quote]
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