The Complex Maze of Obama's Tax Reform
Posted on AllSides February 3rd, 2015
From The Right
Obama wants to cap your retirement.
Inside his new budget he is proposing to cap qualified retirement savings at $3 million.
That's how much the White House figures it would take to generate $200,000 worth of income annually. However the problem with such an approach as investment news points out as that and in the historic low interest-rate environment it takes more money to produce $200,000 worth of income which is all you apparently
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