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  • Rayarena: Of course, Ernesto Londoño whom as we all know is currently in Cuba and was tweeting about his wonderful visit to Granma...

  • La Conchita: ….and “the people” of Cuba, Geeee, I wonder what “people” they’re talking about?

  • Rayarena: Take a few days off DGI eavesdroppers! (Ernesto Londoño’s already securely in the bag!)–ROTFLMAO!

  • elemaza: I blame the Coast Guard and U.S Government ‘wet-foot/dry-foot policy.” No one who has managed to leave Cuba should...

  • asombra: But let “those people” get harmlessly rowdy over Fidel’s presumed demise, and see what the response is.

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realclearworld

It can never happen here… (a continuing series)

Obama budget to take aim at "wealthy" IRAs:

President Obama’s budget, to be released next week, will limit how much wealthy individuals – like Mitt Romney – can keep in IRAs and other retirement accounts.

The proposal would save around $9 billion over a decade, a senior administration official said, while also bringing more fairness to the tax code.

The senior administration official said that wealthy taxpayers can currently “accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving.”

Under the plan, a taxpayer’s tax-preferred retirement account, like an IRA, could not finance more than $205,000 per year of retirement – or right around $3 million this year. [...]

They will not rest until everything that is ours is theirs.

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