"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." [The Hill]
FAIRNESS???? Why the h---- must the amount one saves be "FAIR"? Just because I work my butt off, don't spend my income on lavish golf - ski - swim vacations, put my savings away in prudent investments to PROVIDE FOR MYSELF AND FAMILY, I should be penalized because that behavior IS NOT FAIR ???? I should give some of my savings to government so those who blew away their earnings all their life, can now lead a "fair" life? This is what SOCIALISM is all about. [clipper]