, , , ,

Cyprus gave all of us a glimpse into our future.

President Obama’s budget, to be released next week, will limit how much wealthy individuals – like Mitt Romney – can keep in IRAs and other retirement accounts.

The proposal would save around $9 billion over a decade, a senior administration official said, while also bringing more fairness to the tax code.

via Obama budget to take aim at wealthy IRAs – The Hill’s On The Money.

The swine said:

It will be fine for the government to eat the rich.  Just wait till the day comes when they come for your stuff.  I’m sure the looters will say the same thing about fairness, paying your fair share, and all that other nonsense politicians spew to justify taking your hard-earned money.