James Pethokoukis explains “Why Democrats Will Target the Investor Class in 2009”:
If Barack Obama is elected president next week, 2009 may well bring a concerted and all-out effort by the Obama administration and a Democratically dominated Congress to turn the generally pro-Republican Investor Class into an endangered class by, among other tactics, raising investment taxes and ending the tax preferences for 401(k)’s, IRAs, and other retirement accounts.
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Via Betsy Newmark, who writes, “watch for it. Don’t say you weren’t warned.”
Update: More via the Professor.
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