Feds eye retirement-fund tax to cut $16 trillion-plus deficit

Feds eye retirement-fund tax to cut $16 trillion-plus deficit - NYPOST.com
Uncle Sam, in a desperate attempt to fix its $16 trillion-plus deficit, is leering over Americans’ retirement nest egg as its new bailout fund.
Capitol Hill politicians are assessing tax changes that could let the Internal Revenue Service lay claim to a portion of the $18 trillion sitting in 401(k) accounts and other tax breaks used by middle-class workers, including cutting the mortgage tax deduction.