As if this country doesn’t have enough of a problem with people not proactively saving for retirement........now the dems want to take away one of the biggest reasons to contribute to a retirement account.
I can’t even begin to fathom how they believe taking way the pre-tax benefit of contributing to your main retirement account is a good thing.
“I can’t even begin to fathom how they believe taking way the pre-tax benefit of contributing to your main retirement account is a good thing.”
Easy, this scheme would take control of money away from individuals and give it to government. To them, that’s as great thing.
And as someone else said, libs. view tax breaks for the reasonably well off as subsides, using “government” money to give savers and investors an unwarranted break.