🚨 FLEX SPENDING ACCOUNTS ARE A MASSIVE CORPORATE SCAM – STEALING BILLIONS FROM WORKERS & TAXPAYERS! 🚨
Workers dumped ~$30B into FSAs in 2023 for “tax savings” of ~$9B… only to FORFEIT ~$4.5B of their OWN MONEY back to their employers and plan admins!
Average savings per participant: ~$420
Average forfeiture among those who forfeit: ~$430
Government loses $9B in revenue while corps hide behind “healthcare access and benefits” BS. The reality is denied claims, tedious paperwork, and worsening healthcare access.
This is theft done under the guise of hope.
JUST IN: Vanguard CEO says they will not offer spot #Bitcoin ETFs because "it does not belong in a long-term portfolio" and it's "not a store of value."
My constituents told me to vote no on the $1.3 billion VW project ($400 million of which is taxpayer cash). But the swamp wants me to ignore those “back home.”
I’ll always listen to my constituents far more than lobbyists, big corps, other legislators, or unelected bureaucrats.
Biden's newest budget calls for a 44.6% federal rate on investment income and other earnings, per Bloomberg.
The plan also calls for taxing assets when an owner dies, ending a benefit that allowed the unrealized appreciation to go untaxed when transfered to an heir.
The shift to a secured monetary standard is now complete, with trillions in dollar loans priced using rates in the repo market. But after multiple mishaps, the secured standard has proven faulty. With leaders vowing to fix its flaws, the Repo Market Rewire™ is approaching... 1/