Illinois Considering Taxing IRA’s To Supplement State Employee Pensions

Is Illinois’ desire to tax (steal from) private retirement accounts to supplement state employee pension promises a Modern Monetary Theory experiment to measure voter acceptance? If this happens and voters roll over, how long until other states like NY, NJ, CA and others rush in to raid their residents self-funded retirement accounts? How about couching a Federal bill along the same lines because don’t Federal retirees deserve the most they can get from wherever they can get it too?

If you can’t touch it, you don’t own it. If you don’t believe this simple fact, just wait.

Advertisements

1 thought on “Illinois Considering Taxing IRA’s To Supplement State Employee Pensions

  1. Pingback: Illinois Considering Taxing IRA’s To Supplement State Employee Pensions — Easy Money – Maritza S. Rivera

Comments are closed.