The Complex Maze of Obama's Tax Reform
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