Shlaes: As Tax Day Passes, the Tax Grope Begins

... tax-favored arrangement through the use of multiple plans," the Treasury writes . Page 18 of the budget suggests that an IRA or 401(k) ample enough to provide pensions of more than $205,000 a year is too high. New penalties apply to money in the ...

http://www.bloomberg.com/news/2013-04-15/as-tax-day-passes-the-tax-grope-begins.html