Looks like Obama wants to go after 401Ks. If anyone believes he's going to stop at 401s that have $3million plus, you're crazy. Not near enough money there.
Middle class taking it in the ass again. This is the tried and true way that democrats stick it to us. They raise taxes on businesses, who then raise prices on us to pay for it. They decrease the amount that can be deducted. It's insidious.
Obama and his sheeple, screwing us all, including themselves.
http://thehill.com/blogs/on-the-money/domestic-taxes/292071-obama-budget-to-target-wealthy-iras