So we knew this type of thing was coming, since last spring/summer Pelosi had an IRA surtax she wanted to impose, and Obama asked her to wait 'til after the election.
It's those damn millionaires - their success is what Obamaland seeks to destroy.
Fortunately, this will create a whole new list of tax shelters and schemes designed by tax attorneys and CPAs, two professions which will survive quite well in Obamaland.
Next up, expect the asset taxes to kick in. First stop, IRAs. Just can't have 'em too big now, can we?
House bill to hit millionaires with 5.4 pct surtax | Markets | Markets News | Reuters
And all this in the name of a bigger, more inefficient, Government of Obamaland.
Can I have an AMEN!
The Surtaxes Are Coming! The Surtaxes Are Coming!
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