Trump Tax Reform Coming For Your 401(k)

In The Young Turks on YouTube by Chris Houck0 Comments

 

Trump Cenk Uygur and John Iadarola, the hosts of The Young Turks, break it down. Tell us what you think in the comment section below. Join TYT: https://goo.gl/v8E64M

“President Donald Trump said on Wednesday that changes to Americans’ retirement-savings accounts could still be included in the forthcoming Republican tax-reform plan.

Trump was asked about comments from Rep. Kevin Brady, chair of the House Ways and Means Committee and an author of the forthcoming GOP tax bill, that there could be changes to retirement accounts like 401(k)s in the plan.

Trump said 401(k)s are “very important” to him because they benefit the middle class but suggested tweaks could be included.

“Well maybe it is, maybe we’ll use it as negotiating, but trust me, that’s one of the great things,” Trump said. “There are certain elements of deals that you don’t want to negotiate with — and Kevin knows this, and I think Kevin Brady is fantastic — but he knows how important 401(k)s are.”

Read more here: http://www.businessinsider.com/trump-…

Hosts: Cenk Uygur, John Iadarola

Cast: Cenk Uygur, John Iadarola

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