http://www.investors.com/NewsAndAnalysis/Article.aspx?id=587818&src=IBDDAE&p=2
Are Democrats Eyeing 401(k)s, IRAs for Tax Hit?
By JOHN MERLINE, INVESTOR’S BUSINESS DAILY
Posted 10/12/2011 02:53 PM ET
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Obama’s Economic Recovery Advisory Board suggested cutting or ending the retirement tax deduction to pay for an expanded Saver’s Credit, which is now targeted at low-income workers.
Obama’s National Economic Council chairman, Gene Sperling, also has endorsed scrapping the tax deduction in favor of a refundable tax credit.
Baucus hasn’t endorsed any specific change, but said at the hearing that “we need to look for ways to do more with less.”
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When these “addicts” need money, they’ll steal wealth from anywhere.
Will this be the thing that gets “We, The Sheeple” off the couch?
They’ll keep trying until they get it.
Look at FDR’s gold confiscation!
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Reinke Faces Life 