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.
Via Betsy Newmark, who writes, “watch for it. Don’t say you weren’t warned.”
Update: More via the Professor.