Back in ‘93, after the dem sweep, Dick Gephart (D.-Mo.) wanted to tax IRA and 401k accounts, as he proclaimed, “There are trillions and trillions of untaxed assets there!”
Thanks to the sweep in ‘94 and ol’ smilin’ Dick’s retirement later, the tax went nowhere.
I always thought the dems would bring it back.
Sure enough! Here we go again.
Steal, steal, steal!!! Go Obama!!!
I remember that.
Also, I remember Je$$ie HyJack$on muttering about reparation payments coming from our 401k’s and IRA’s.