To: stevie_d_64
the proposals are designed to direct more of the tax preference for retirement savings toward getting more low- and middle-income people into the habit of saving.
So by leaving the tax benefits exactly the way they are for low and middle income people, and punishing higher income earners, you will get more of the low and middle income earners into the habit of saving. Got it. I think.
23 posted on
02/21/2014 2:48:27 PM PST by
andyk
(I have sworn...eternal hostility against every form of tyranny over the mind of man.)
To: andyk
“So by leaving the tax benefits exactly the way they are for low and middle income people, and punishing higher income earners, you will get more of the low and middle income earners into the habit of saving. Got it. I think.”
Liberal logic strikes again.
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