From the No Crap Files, comes this little missive. Looks like Mr. Obama wants to limit people on how much they can put into their IRA's. This playing of the wealth envy game is tiring. Hell, if I had millions to sock away, I'd be doing the same thing to keep some of my assets safe and tax free. It always starts with going after the unpopular kid. Then it trickles down to the rest of us. If they are given any more control over IRA's and the like then it will be a short jump to them confiscating those wealthy people's IRA's to help fund their Ponzi Schemes like social "security". Can't wait to see what other revenue raising schemes are in Mr. Obama's budget next week.
Obama budget to take aim at wealthy IRAs - The Hill's On The Money
Obama budget to take aim at wealthy IRAs - The Hill's On The Money