but once the horse is out of the gates, so to stay, there is no guarantee it will stay there. Thats by design of course. No one cares unless it affects them directly. So government starts with a small % and then can lower the ceiling later a bit at a time. It is just one more attack against the rich in our country.
One might be able to move things off shore ? but its stupid to have to jump through hoops to keep the governments greedy hands off ones RETIREMENT. Obama and his government should cut spending, not try every means to get their hands on peoples money.
Its been theorized that retirement savings would be the next thing to be taxed, didnt take long.