Are those living in Calif. aware of Bill 1234 that will withhold 3% of yr earnings effective Jan 1?? | |
Night Owl (OP) GLP User ID: 9706870 United States 11/19/2012 08:54 PM Report Abusive Post Report Copyright Violation | |
SilverPatriot User ID: 10518597 United States 11/19/2012 09:09 PM Report Abusive Post Report Copyright Violation | Re: Are those living in Calif. aware of Bill 1234 that will withhold 3% of yr earnings effective Jan 1?? It appears to simply be a scheme to bilk what amounts to a tax upon workers to support their tax and squander money and I doubt you will see any returns from the money they invest in this scheme. BILL NUMBER: SB 1234 The bill would require the board to ensure that an insurance, annuity, or other funding mechanism is in place at all times that protects the value of individuals' accounts and protects, indemnifies, and holds the state harmless at all times against any and all liability in connection with funding retirement benefits pursuant to these provisions. (1) Employees seeking financial advice should contact financial advisors, that employers are not in a position to provide financial advice, and that employers are not liable for decisions employees make pursuant to Section 100034. (2) The program is not an employer-sponsored retirement plan. (3) The program fund is privately insured and is not guaranteed by the State of California. [link to www.leginfo.ca.gov] |
Night Owl (OP) GLP User ID: 9706870 United States 11/19/2012 09:23 PM Report Abusive Post Report Copyright Violation | Re: Are those living in Calif. aware of Bill 1234 that will withhold 3% of yr earnings effective Jan 1?? Probably won't hear anyone sqwauking until they get their first Jan. paycheck and it is missing 3% for Retirement and another 2% for the Social security forgiveness that expires the end of the year. Plus increased Calif. taxes, Federal taxes etc..... |
Anonymous Coward User ID: 14408911 United States 11/19/2012 09:39 PM Report Abusive Post Report Copyright Violation | Re: Are those living in Calif. aware of Bill 1234 that will withhold 3% of yr earnings effective Jan 1?? Should be interesting to see how it all works out for them As you can imagine being the political activists we are we’ve have had our hands full for the past couple of weeks. Now that decision 2012 is behind us, let’s look at what has been accomplished. The first item is a democratic supermajority. For the first time in eighty years, the opposition is irrelevant and just going along for the ride in Sacramento. For democrats, it is a watershed moment to prove that they’re more than tax and spend politicians, that they can effectively govern without driving business out of the state or country, that they can solve the budget and pension issues without kicking the proverbial can down the road with budget gimmicks and phantom revenue. For republicans, they’re just sitting back in disbelief chanting election armageddon has paid a visit to California and that taxes, regulation and unemployment are poised to skyrocket. Let’s prove them wrong. [link to judicialcouncilwatcher.wordpress.com] |
Anonymous Coward User ID: 25463516 United States 11/19/2012 10:08 PM Report Abusive Post Report Copyright Violation | |
Night Owl (OP) GLP User ID: 9706870 United States 11/19/2012 10:39 PM Report Abusive Post Report Copyright Violation | Re: Are those living in Calif. aware of Bill 1234 that will withhold 3% of yr earnings effective Jan 1?? Spread the word! |
Anonymous Coward User ID: 25582762 United States 11/19/2012 10:44 PM Report Abusive Post Report Copyright Violation | Re: Are those living in Calif. aware of Bill 1234 that will withhold 3% of yr earnings effective Jan 1?? For democrats, it is a watershed moment to prove that they’re more than tax and spend politicians, that they can effectively govern without driving business out of the state or country, that they can solve the budget and pension issues without kicking the proverbial can down the road with budget gimmicks and phantom revenue. |
Night Owl (OP) GLP User ID: 28161785 United States 11/20/2012 04:23 PM Report Abusive Post Report Copyright Violation | |