Yeah, back in the 1960s LBJ and the Dems saw that big pile of Social Security retirement fund reserves and just couldn't bear to see it just laying around....funding for the Great Society. I quiver whenever I think of what they would do if they got their hands on baby boomers 401k/IRA money.
Bill Clinton tried with a "one time" 15% tax, but it didn't make it into law.
Bill Clinton tried with a "one time" 15% tax, but it didn't make it into law.