General Discussion

cascadiance

(19,537 posts)

31. Many of us are already paying 10% penalty TAXES on early redistribution of 401ks or IRAs

Mon Oct 26, 2015, 09:49 PM

Oct 2015

... which is another tax on those that can't afford it to fatten the wallets of the rich when they can continue to avoid paying taxes here. All part of the plan of first wiping out our savings and assets like houses, cars, etc., then wiping our retirement plans, and stealing people's pension plans, and now screwing us all on social security too.

If you corporate rich crooks continue this, Marie Antoinette has a good warning for your futures if you don't try to help the middle class rebuild itself peacefully. Most Americans would never want that future, but you keep pushing people in the ground, then eventually they'll have nothing left to lose when you have their backs against the wall, and there are far more of them than there are of you!

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Obama is about to throw Medicare and SSD recipients under the bus in pursuit of a budget deal [View all] markpkessinger Oct 2015 OP

I have no clue what this means - DURHAM D Oct 2015 #1

It refers to the increase in premiums for part B dsc Oct 2015 #7

Does this mean that teachers in the spartan61 Oct 2015 #81

I just researched a lot as I am going to be 65...here is the info you need and info on bills to stop Gloria Oct 2015 #99

thanks G_j Oct 2015 #138

I also saw that supposedly this was going to be a one year hike Gloria Oct 2015 #154

Screw that. Let the Republicans take the heat for throwing the country into default if they dare. Erich Bloodaxe BSN Oct 2015 #2

+1 daleanime Oct 2015 #12

+1,000!!!!!!! MyOwnPeace Oct 2015 #16

^^this^^ Pharaoh Oct 2015 #56

+++++! emsimon33 Oct 2015 #64

I don't care about Ryan having a clean start! What I DO care about is a shutdown! napi21 Oct 2015 #69

So, you are OK with cuts to Medicare and Disability passiveporcupine Oct 2015 #79

From the little I've heard, the adjustments to Medicarer and Disability are to be very minor napi21 Oct 2015 #89

Those already on Medicare B were already going to be protected from premium hikes. It is liberal_at_heart Oct 2015 #91

Norm said the ubcreased charges to medicare becsause of no COLA this year were NOT napi21 Oct 2015 #106

People know when something isn't fair. I don't know how they calculate COLA but I guarantee liberal_at_heart Oct 2015 #122

What I understand is they calculate it with the Consumer Price Index for Cleita Oct 2015 #130

Yes, there is a "hold harmless" agreement for those already in and Gloria Oct 2015 #155

Well, I've been doing the research for you and posted a link here passiveporcupine Oct 2015 #92

A "minor adjustment" to some is a major problem for people at the bottom end of the scale. hobbit709 Oct 2015 #111

Exactly. When you are at the bottom already any cut is a jwirr Oct 2015 #146

"Each side loses something and each side gains something". lol, no. Marr Oct 2015 #128

$10.00 a month is SIGNIFICANT to someone living on Socail Security. bvar22 Oct 2015 #156

Tom Cole thought this was a good deal. Tom Cole. That tells me the long term pain inflicted Erich Bloodaxe BSN Oct 2015 #107

Well said . Really wtf give Ryan a clean slate -why Person 2713 Oct 2015 #73

No, I can't agree. Xyzse Oct 2015 #142

My sentiment is not 'burn out of spite'. It's don't accept long term damage in return for a short Erich Bloodaxe BSN Oct 2015 #144

I see. Xyzse Oct 2015 #145

The simplest answer is that Obama wants this too. arcane1 Oct 2015 #153

A return to the Obama betrayal represented by the Chained CPI? DJ13 Oct 2015 #3

We've had enough obamlicans lately! I want the old Democratic Party back... cascadiance Oct 2015 #27

We've had enough obamlicans lately! DJ13 Oct 2015 #30

Yeah, I think that's the 'Obama Mantle' I've heard about... haikugal Oct 2015 #54

And will be just as insulated from criticism by being the first. zeemike Oct 2015 #57

They sure know how to play us. DJ13 Oct 2015 #78

Same here. zeemike Oct 2015 #87

no sooner than the election was over he came out with the CPI talk and I knew I had been had again. DJ13 Oct 2015 #90

BREAKING..........House GOP leaders reach budget deal with Obama White House DJ13 Oct 2015 #103

Obama did characterize himself as a RayGun Democrat before the GE in 2008. Unfortunately he cpompilo Oct 2015 #105

We allow them to play us. 840high Oct 2015 #85

Yes we do. zeemike Oct 2015 #88

Amen. appalachiablue Oct 2015 #61

........ daleanime Oct 2015 #4

This is another example of a corporatist Democratic President screwing the American people... TheProgressive Oct 2015 #5

And nothing would ever get done under Sanders as President. nt kelliekat44 Oct 2015 #26

You can predict the future? TheProgressive Oct 2015 #29

looks like you are trying to do.... chillfactor Oct 2015 #37

Much rather have nothing Old Codger Oct 2015 #40

+1 Go Vols Oct 2015 #151

The only way to get things done is to cut social programs? abelenkpe Oct 2015 #43

And fucking over the elderly is better than nothing? (nt) jeff47 Oct 2015 #59

Bernie backs the budget deal Cali_Democrat Oct 2015 #165

A single senator can't give Democrats a spine. jeff47 Oct 2015 #180

You're partly correct. floriduck Oct 2015 #72

I'm sick and tired of the compassionate conservatives that have infiltrated the Democratic Party. Ed Suspicious Oct 2015 #46

More voters are getting the right glasses on to see what's underneath these bums! cascadiance Oct 2015 #65

Tonight Rachel Maddow brought this news up with Bernie and he said absolutley he would not appalachiablue Oct 2015 #58

Bernie is backing the deal mcar Oct 2015 #167

this is what's known as hill2016 Oct 2015 #6

Of course no cuts to kacekwl Oct 2015 #8

Hell no, you dont think some people wants to cut the F-35 program that Thinkingabout Oct 2015 #33

I care.. chillfactor Oct 2015 #41

Notify Sanders to stop voting on this bloated program, I saw today of the bloated helmet cost. Thinkingabout Oct 2015 #48

Your story is all too common... Docreed2003 Oct 2015 #70

Am I allowed to point out that the top 1% control KingCharlemagne Oct 2015 #132

Yes...you're more than allowed n/t Docreed2003 Oct 2015 #160

The article sure doesn't jibe with the OP's title. Hoyt Oct 2015 #9

I know ... It would be comically sad, if it weren't so typical of DU these days ... 1StrongBlackMan Oct 2015 #112

any cuts to those programs are throwing those people under the bus. Fast Walker 52 Oct 2015 #149

Not exactly clear zipplewrath Oct 2015 #10

by making it harder to get on disability dsc Oct 2015 #18

Thank you n/t BuelahWitch Oct 2015 #47

Exactly abelenkpe Oct 2015 #53

Why would having a medical exam make it harder for a person with a legitimate condition pnwmom Oct 2015 #66

As someone who is on disability, and in pain management, I see a LOT of fraud going on in my area. Ghost in the Machine Oct 2015 #101

Where do you get that this "Deal" does that? n/t 1StrongBlackMan Oct 2015 #113

it says they are making the standards stricter dsc Oct 2015 #116

What examination are they now requiring ... 1StrongBlackMan Oct 2015 #119

they are requiring that doctors instead of SS people look at the applications first dsc Oct 2015 #120

That would seem reasonable ... 1StrongBlackMan Oct 2015 #123

I think that this will at least delay things dsc Oct 2015 #127

Many of us are already paying 10% penalty TAXES on early redistribution of 401ks or IRAs cascadiance Oct 2015 #31

If equal distributions are taken yearly after 50-59 the 10% penalty can be avoided in certain Thinkingabout Oct 2015 #35

Spoken like someone who hasn't been screwed by this economy like so many others have... cascadiance Oct 2015 #39

I wish I could say you are wrong, been there done that, went back to work. Thinkingabout Oct 2015 #49

The privilege. It reeks! - nt KingCharlemagne Oct 2015 #133

No it doesn't sound like a sellout Andy823 Oct 2015 #50

I'm not convinced that it's a sellout either loyalsister Oct 2015 #93

It will save $5 million because they will use it to deny people SSDI. liberal_at_heart Oct 2015 #96

Yup. Any time the government predicts a 'savings' on any program that provides services to people Erich Bloodaxe BSN Oct 2015 #108

But it's 5 BILLION zipplewrath Oct 2015 #141

Again? jberryhill Oct 2015 #11

"Grand Bargain 2.0" n/t markpkessinger Oct 2015 #13

Hair on Fire 2.0. The Sequel. sheshe2 Oct 2015 #15

We're going to war with Iran too, I suppose jberryhill Oct 2015 #23

Well.... Lol~ sheshe2 Oct 2015 #24

Oh Sheshe, I love that picture. passiveporcupine Oct 2015 #84

Go for it..... sheshe2 Oct 2015 #94

I was an art major too! passiveporcupine Oct 2015 #95

BFA! sheshe2 Oct 2015 #98

Cool. Have you posted a picture of it? passiveporcupine Oct 2015 #100

No never posted it. sheshe2 Oct 2015 #102

Hair on Fire 2.0. The Sequel? ... 1StrongBlackMan Oct 2015 #114

In case you missed it, there was no v1.0 jberryhill Oct 2015 #22

Correct. nt sheshe2 Oct 2015 #38

The boy has been crying wolf for so many years I don't pay the slightest attention. betsuni Oct 2015 #45

If this doesn't influence the way you vote kacekwl Oct 2015 #14

Do you have a link where... sheshe2 Oct 2015 #21

Biden said it. That sentence is awkward. Chan790 Oct 2015 #36

Ok... sheshe2 Oct 2015 #71

Obama didn't. Chan790 Oct 2015 #124

Crickets!!!!!!!!!!!!!!!!!!! sheshe2 Oct 2015 #97

I went to bed. Chan790 Oct 2015 #125

Biden also graced us with Clarence Thomas on SCOTUS, another KingCharlemagne Oct 2015 #136

So should I start developing a taste for cat food? Art_from_Ark Oct 2015 #17

Kit & Kaboodle dry comes in the 30lb bag DJ13 Oct 2015 #19

Just start eating the fat cats Generic Other Oct 2015 #20

You're saying Bernie wants you to eat cat food? Cali_Democrat Oct 2015 #166

Here's what Sanders himself has to say about it Art_from_Ark Oct 2015 #178

So do you still think you should start developing a taste for cat food because of this deal? Cali_Democrat Oct 2015 #179

Really? UTUSN Oct 2015 #25

Oh good gawd, not that awful smelling bullshit again. lonestarnot Oct 2015 #28

I won't believe anything that comes from ananomous sources printed by the NY Times, AKA Judy Miller still_one Oct 2015 #32

Oh yes JackInGreen Oct 2015 #34

Never Negotiate with Terrorists eom LarryNM Oct 2015 #42

The DLC Third Way Establishment Wins Yet Again cantbeserious Oct 2015 #44

Things we can't afford abelenkpe Oct 2015 #51

Anyone still getting outraged over headlines and snippets needs a refresher course in Fred Sanders Oct 2015 #52

WTF? Reality is not appreciated/tolerated here. Hoyt Oct 2015 #55

Yes, the reality that people are being screwed by Democrats to "play nice" with the Republicans... cascadiance Oct 2015 #68

since i am on SSI this affects me Robbins Oct 2015 #60

Obama and Korporate Amerika are at war with the retired now! Let that be known... cascadiance Oct 2015 #67

Wrong terms. SSI is a supplimental tax paid program to help jwirr Oct 2015 #148

In exactly two months I will be at the age I can finally-------------------- turbinetree Oct 2015 #62

Damn right there's going to be a political revolution. liberal_at_heart Oct 2015 #86

I was just informed by my supposedly union, International Brother of Teamsters ..................... turbinetree Oct 2015 #135

He has been wanting to do this since day one. He is a neoliberal, Third Way, corporate politician emsimon33 Oct 2015 #63

I guess Bernie is too then mcar Oct 2015 #168

How about we stop paying "defense" contractors for equipment even the Pentagon doesn't want? dflprincess Oct 2015 #74

Killing the F-35 now would be a good start. sheesh. nt Erich Bloodaxe BSN Oct 2015 #109

I am 59 years old ... why can't Dems be Dems ... ? nt littlewolf Oct 2015 #75

Let them shut it down. No "compromise" on the backs of seniors. madfloridian Oct 2015 #76

This budget deal is unequivocally unacceptable. liberal_at_heart Oct 2015 #82

What an Obama legacy. The TPP and Medicare/SS cuts. CharlotteVale Oct 2015 #77

And some people don't understand why we're disappointed with Obama on the issues jfern Oct 2015 #80

Goddamit Bernie! Why can'y you fix this!!!! Phlem Oct 2015 #83

The usual suspects... lamp_shade Oct 2015 #104

Tom Cole likes it. That alone tells me it's a crappy deal for the poor. Erich Bloodaxe BSN Oct 2015 #110

And its the usual suspects that will accept any deal under a Democratic leader. liberal_at_heart Oct 2015 #134

You know all of us disabled just "want a pony." BuelahWitch Oct 2015 #137

The republican congress is thrilled to cut SS. Need to cut spending, look B Calm Oct 2015 #115

Did you expect anything different from this man? Hotler Oct 2015 #117

I didn't know Obama had a vote in congress. Let's see who B Calm Oct 2015 #118

He actually has 16 votes in the Senate dsc Oct 2015 #121

Did you see how he fought for the TPA? He does not do that jwirr Oct 2015 #150

This is why the 'budget crisis' has become a yearly kabuki act. Marr Oct 2015 #126

Just STFU and Vote Democrat fredamae Oct 2015 #129

Making medical exams a prerequisite for disability claims BeyondGeography Oct 2015 #131

I do not know if MN has that law but I did have to go to a jwirr Oct 2015 #152

I think it can depend on the disability dflprincess Oct 2015 #159

I believe this delay is the point. daredtowork Oct 2015 #176

Deal actually INCREASES SSD payments and MEdicare substantially MohRokTah Oct 2015 #139

Which is why they're listed as a savings. jeff47 Oct 2015 #140

That's incorrect. Utopian Leftist Oct 2015 #158

But there's $32 billion for an increase in "an emergency war fund." Karmadillo Oct 2015 #143

nope. didn't happen. n/t librechik Oct 2015 #147

Sounds like a plan to me Shankapotomus Oct 2015 #157

that's what you get for having an R Congress treestar Oct 2015 #161

Not to mention the minions of Wall St. raouldukelives Oct 2015 #162

Take it up with Bernie Sanders bluestateguy Oct 2015 #163

Funny Andy823 Oct 2015 #177

I am kicking this for the apology Andy823 Oct 2015 #164

Waiting..... mcar Oct 2015 #169

Sure Andy823 Oct 2015 #170

I want to kick this for the apology too. Even a so-so sorry would be nice. betsuni Oct 2015 #171

I'm waiting too! tabasco Oct 2015 #173

Well we did get on new rec Andy823 Oct 2015 #175

would you rather that he throw all of us under the bus??? nt kelliekat44 Oct 2015 #172

Bueller? Bueller? Bueller? geek tragedy Oct 2015 #174

And what about the fact Andy823 Oct 2015 #181

It's pretty silent here Andy823 Oct 2015 #182

So Bernie voted for this bill Andy823 Oct 2015 #183