Running on financial fumes, the Obama Administration now planning on confiscating retirement accounts and pensions across the nation

Saturday, December 5, 2015
By Paul Martin

by: J. D. Heyes
NaturalNews.com
Saturday, December 05, 2015

Strapped for cash and eager to expand social entitlement programs and government dependency, President Obama is proposing to generate hundreds of billions of dollars in new revenues for the government by taxing, of all things, your retirement.

For the past couple of years, some analysts and administration watchers have predicted that the Obama Administration would eventually make such proposals, given its propensity to produce trillion-dollar budget deficits. And now, it seems, those predictions may be about to come true.

As reported by Market Watch:

This year’s version of the budget included a number of provisions targeting retirement accounts. That was no surprise, as provisions aimed at retirement accounts have been a regular feature in budgets in recent years. What was a surprise, however, is how many proposals were targeting retirement accounts, and how many new proposals there were. All told, this year’s budget featured over a dozen provisions that, if they were to become law, could directly impact your retirement savings.

“We want your Roth”

The Rest…HERE

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