Originally Posted by
FDXLAG
Not weird at all, politicians consider you rich and therefore want to limit the amount of taxes you can defer. These politicians generally are "pro labor".
They certainly aren't pro our sort of labor. If you closely read the presidents budget proposals, they are eye opening. Particularly the one that limits or stops you OR YOUR COMPANY from contributing to your retirement plans, in total as a MARRIED COUPLE. Those of us who are married to another person with a healthy retirement plan not only could be prevented from any further contributions to our 401K, but company contributions also.
Try negotiating that one. What would we have to give up, just to get our B plan back? I suspect the union would roll over on that one, so I'm glad this budget isn't going anywhere. However, it lets you know where they stand. Leave the rich donors alone, but stick it to the upper middle class.