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Reply to "2026 State of the Union"
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[quote=Anonymous][quote=Anonymous]Did anyone else notice Warren visibly startle when he brought up 401k's for people who don't have them at work? (Note: self employed people can do that with a 401k SEP though) He's got some income redistribution thing going on, sounds linda commie to me. Also what's this deal with banning corporations from buying up residential property? Good luck with that. Interesting how he's going to BOTH make buying a home cheaper AND retain home value for current owners. [/quote] That 401k thing is complicated because my understanding of the proposal is that its tied to "independent contractor" status -- so basically allowing companies to continue to scr&w workers out of many benefits and protections by calling them "independent contractors." SECURE 2.0, passed a couple of years ago, already expanded 401ks to basically everyone that is a W2 worker. So that's not what he's talking about -- he's talking about independent contractors, so GFL to them in putting hte money aside into the 401k.[/quote]
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