The Freedom Post
“Uncle Sam, in a desperate attempt to fix its $16 trillion-plus deficit, is leering over Americans’ retirement nest egg as its new bailout fund.
Capitol Hill politicians are assessing tax changes that could let the Internal Revenue Service lay claim to a portion of the $18 trillion sitting in 401(k) accounts and other tax breaks used by middle-class workers, including cutting the mortgage tax deduction.
A commission looking for ways to close the deficit, and, noting the extent of 401(k) tax breaks, recommends an examination of the system as one way to prevent government bankruptcy.”
PLEASE READ MORE: Feds eye retirement-fund tax to cut $16 trillion-plus deficit – NYPOST.com:
I guess Soros and Obumma think they dont have enough taxes to fund thier empire.
When you think you are the King of the World, there is no such thing as enough.
It’s never enough d1969 because leftists ideology is a bottomless pit.