[Kozak]

So, I and millions of others will no longer place a portion of our income in IRA.s or 401K’s, and will rush to withdraw what we have there as quickly as possible. That should work out GREAT for the market...... / sarc

[funfan]

Yes. Why would you still invest in them if you are going to be taxed on it from the get go.

[beachn4fun]

So, I and millions of others will no longer place a portion of our income in IRA.s or 401K’s, and will rush to withdraw what we have there as quickly as possible.

Exactly! my husband and I were livid when we heard this.

And don't forget the banks...don't want Uncle Sammy knowing how much you got.

First, the bastards stole Social Security
now they want to steal our other retirement.
I think it is time to get down and dirty
and force those progressive bastards to stop sending money overseas!
And funding special interests.
We need to get the lobbyist out of our capital.
When our reps listen to them, they are not listening to us (the same when listening to illegal immigrants).