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The New York Times
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Where the conversation begins. Follow for breaking news, special reports, RTs of our journalists and more. Visit http://nyti.ms/2FVHq9v  to share news tips.

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    The New York Times‏Verified account @nytimes 21 Oct 2017

    House Republicans are considering a sharp cut in 401(k) contribution limitshttp://nyti.ms/2zps2er 

    6:02 AM - 21 Oct 2017
    • 699 Retweets
    • 393 Likes
    • Linda WWE OFFICI@L Passionate Gamer MeliSwenk pumpkwin 🎃 GÜL DİLLİ DasBabu😉😉😉 akeelee mujadded Just an American
    319 replies 699 retweets 393 likes
      1. New conversation
      2. Phillip Cooper‏ @phillip_cooper 21 Oct 2017
        Replying to @nytimes

        To every middle-class wage earner saving for retirement w/a 401k, the #GOP tax plan to give tax breaks to the 1% IS BEING DONE ON YOUR BACK

        19 replies 183 retweets 339 likes
      3. bryan zukowski‏ @floes420 21 Oct 2017
        Replying to @phillip_cooper @TMurph207 @nytimes

        Shocking. So the low wage earners can look forward to health savings accts, depleted ret accts and no SS under this Rep party.

        12 replies 59 retweets 198 likes
      4. Murph‏ @TMurph207 21 Oct 2017
        Replying to @floes420 @phillip_cooper @nytimes

        nailed it

        1 reply 1 retweet 17 likes
      5. ERiv126‏ @eeriv126 23 Oct 2017
        Replying to @TMurph207 @floes420 and

        the best to stop this is by voting them all out.

        0 replies 2 retweets 16 likes
      6. End of conversation
      1. New conversation
      2. sam‏ @sam2fabu 21 Oct 2017
        Replying to @nytimes

        Republicans want to cut Social Security, Medicare, Medicaid and now they want to cut the amount Americans can save towards their retirement.

        13 replies 78 retweets 195 likes
      3. sam‏ @sam2fabu 21 Oct 2017
        Replying to @sam2fabu @nytimes

        How does this benefit the middle class?!

        9 replies 22 retweets 149 likes
      4. Dot0613‏ @Dot0613 21 Oct 2017
        Replying to @sam2fabu @nytimes

        It doesn't! It benefits the rich and only the rich!

        3 replies 11 retweets 102 likes
      5. Kirk Spears‏ @KirkSpears 22 Oct 2017
        Replying to @Dot0613 @sam2fabu @nytimes

        How does it benefit the rich?

        8 replies 0 retweets 9 likes
      6. sam‏ @sam2fabu 22 Oct 2017
        Replying to @KirkSpears @Dot0613 @nytimes

        For starters, top executives take part of their compensation as “deferred income” on which no taxes have to be paid until they retire.

        3 replies 16 retweets 64 likes
      7. Kirk Spears‏ @KirkSpears 23 Oct 2017
        Replying to @sam2fabu @Dot0613 @nytimes

        Has nothing to do with capping IRA contrubutions.

        6 replies 1 retweet 6 likes
      8. sam‏ @sam2fabu 23 Oct 2017
        Replying to @KirkSpears @Dot0613 @nytimes

        You do realize that an IRA and a 401k are different retirement vehicles. One is post-tax and the other is pre-tax. Few Americans have IRA's.

        14 replies 9 retweets 68 likes
      9. Kirk Spears‏ @KirkSpears 23 Oct 2017
        Replying to @sam2fabu @Dot0613 @nytimes

        In my original post, I confused 401K and IRA. My mistake. But it doesn't change my premise. Taking tax breaks from middle doesn't help rich.

        9 replies 0 retweets 3 likes
      10. 6 more replies
      1. New conversation
      2. Ray Greene‏ @greene_ray 21 Oct 2017
        Replying to @nytimes

        First they weakened Unions, then pensions, then healthcare, now the 401(k) affecting retirement. Why do they hate the little guy so much?

        19 replies 75 retweets 207 likes
      3. JoyceSC‏ @brannonj17 21 Oct 2017
        Replying to @greene_ray @nytimes

        And ironic that it's mainly the little guy who got him elected.

        17 replies 15 retweets 107 likes
      4. Angela Smith‏ @AngelaShelbyCo 21 Oct 2017
        Replying to @brannonj17 @greene_ray @nytimes

        Hillary won the low income vote by a pretty significant margin. High wage earners loved don. Especially white wealthy voters.

        2 replies 2 retweets 17 likes
      5. Trace Vickrey‏ @WithoutaTRACE 21 Oct 2017
        Replying to @AngelaShelbyCo @brannonj17 and

        It was uneducated white women who voted for Trump...not exactly wealth builders.

        1 reply 0 retweets 2 likes
      6. Angela Smith‏ @AngelaShelbyCo 21 Oct 2017
        Replying to @WithoutaTRACE @brannonj17 and

        White women college graduates the only white demographic Trump lost...even then it was less than 10 pts

        1 reply 0 retweets 3 likes
      7. 1 more reply
      1. New conversation
      2. Dale Carlson‏ @DaleCarlson63 21 Oct 2017
        Replying to @nytimes

        Just shows that the @GOP does not care about the middle class. They need to find ways to pay for their massive tax cuts for the top.

        1 reply 8 retweets 21 likes
      3. Ohio Democrat‏ @StLouisbornDem 23 Oct 2017
        Replying to @DaleCarlson63 @nytimes @GOP

        pic.twitter.com/s43M6JbKef

        3 replies 20 retweets 28 likes
      4. 1 more reply

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