Oh, and for any of you proponents of the Roth IRA or Roth 401(k), whose after-tax contributions are supposed to grow and be wathdrawn tax-free, I give you the “Obama” example of breaking that “promise.” If he wants to tax smaller targeted educational accounts, he (and any like-minded liberals) sure as hell wouldn’t think twice about eliminating much larger tax breaks on the Roths.
Ha Roth IRA? You think that is all? Not even close.
If this gets passed that commie bastard will confiscate or tax the crap out of Pensions, 401s, 403b, IRAs you name it.
Because don’tcha know we be greedy saving our whole working lives. It’s so unfair to the selfish, spoiled gibedat crowds who either never worked a day in their lives or spent it before they earned it.
I mean it’s like hey, they showed up and breathed too. They deserve the same as us. Makes me sick just thinking about it.
Meanwhile the bastards that push this crap make Millions while in office on insider trading info. they capitalize on.
ie. Diane Finestien and her crooked husband.
His latest proposal is to put a cap of 3 million on retirement accounts. Once you hit that limit, no more contributions. This congress wont pass it. He is just pandering to the base..