So, back in 1983, a recently, not to say soundly, defeated candidate for the Virginia House of Delegates opined that the powers-that-be would change the rules for IRAs (originally, Chilluns, anyone who earned more than $2,000/year could contribute to an IRA), AND would eventually announce that "it's time the fortunate helped the less fortunate" and started to tax private pensions.
Well, the IRA rules changed some time ago, and (h/t Dr Kling)the Irish Republic has taken a step toward the second.
Y'all need to listen up; just because you're not interested in politics doesn't mean politics isn't interested in ...well, you know.
Welcome to Our Future, Arnold Kling | EconLog | Library of Economics and Liberty
