I hate this 'fairness' BS.... a tax should not be imposed to make something look fair... especially if the expense of that tax costs more to collect than the amount of tax... how 'fair' is that
I tend to agree Texas Proud. Instead of soft pedaling it under the premise of "fairness", call it what it is. Our government needs money to fund all of it's expenditures. This is one way it can get it in current years" rather than waiting 10, 15, 20 years or more.
Again, it is simply "fast forwarding" the tax bill and possibly changing the rules people have counted on the last many decades. More symptomatic that our government has not and can not live within it's means or with current tax revenues. For me, that should be what we are all most concerned about! As it spends even more money, it will need even more in future years.
Disclosure: I do not have that amount of money in any tax deferred vehicle. My comments are about being concerned over the unintended consequences.
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