Right you are. This Administration is also laying the legal groundwork for capital controls right now to keep wealth from fleeing the country. And a reporting system that lays the groundwork for a wealth tax.
Check this piece of logic (or sh..)from the lefty Brookings:
“The purpose of the retirement income system is to promote an adequate retirement, not to promote tax sheltering through 401(k)s,” testified William Gale, a co-director of the Urban-Brookings Tax Policy Center at the Brookings Institution.”
I see, sheltering income is not related to funding an adequate retirement. That is as insane a statement as any other such as the rich pay lower tax rates than do those who are moderate earners.
This is not going to end well...either the left wins and they take away everything anyone has worked for and thereby puts everyone in the gulog or REV 11 starts. Neither is a win for the country.