In response to:

The Great Grab Has Begun

These measures will directly affect the "middle class" immediately and the working poor in future when, like AMT, inflation alters the target. Inflation is operating more rapidly than is being reflected in government statistics (big surprise) and would affect more average folks within a few short years. Every year, people would be sitting on pins and needles waiting for congress to define what the "fix" is for this law. You can bet your bottom dollar that the outcomes will vary and often be very bad. Lack of respect for the private property people earn is only going to get worse.

President Obama recently released his 2014 budget and, of course, everyone focused on the aspect of spending.  In fact, it was almost like the magician who diverts your attention to their right hand while the trick is being set-up with their left hand. 

Much to the credit of the mainstream media, they found the little item — capping IRAs — on page-18 of the budget, which is a very good source of revenue with an estimated $9 billion over the next decade. 

Yet, unfortunately, the media has once again missed the important point.  It’s not just IRAs, but...