" @SarahLongwell25 , an anti-Trump Republican strategist who conducts focus g...
deafguy55 October 25, 2021 in ASL 42 Subscribers Subscribe
Link , Link , Link , Link , Link , Link , Link , Link , Link , Link , Link , Link , [In response, Democrats on the House Ways and Means Committee included a proposal to curb mega-IRA accounts as part of the package of social spending and tax changes being debated on Capitol Hill. The House proposal would effectively cap the total amount someone could hold in a Roth IRA at $20 million and compel the holders of the giant accounts to withdraw anything over that limit. “Incentives in our tax code that help Americans save for retirement were never intended to enable a tax shelter for the ultra-wealthy,” Ways and Means Chair Rep. Richard Neal, D-Mass., said earlier this year. “We must shut down these practices.”]