Some politicians are proposing a tax on retirement that would penalize hard-working Americans – parents, union members, teachers, first-responders and others.
The retirement tax is a proposed tax on all financial transactions. It would tax Americans for holding retirement accounts or other savings like 401(k)s, IRAs, 529 educational savings, and pensions.
The retirement tax doesn’t just hurt professional investors. It hurts all Americans who want to save for retirement or education, or to participate in a pension plan.
The retirement tax hurts every American who saves money for their golden years. It makes retirement accounts and other kinds of savings more expensive and limits their growth.
Saving for retirement is part of the American Dream. Stand up to the retirement tax!