Zeev's Turnips Patch-No Politics (ZEEV)

[Newly2b]

For a government that says its citizens (us) don't save enough thereby forcing said government to borrow from foreigners to finance its profligate spending habits and run up a tremendous current account deficit in the process, it is curious that they are now planning to screw those few citizens who have, in fact, been saving by taxing their savings twice -- once when they earn the money and again when they spend it. Sounds like a plan, but not one that encourages the natives to stop spending and start saving! BTW, whatever happened to government of the people, by the people and FOR the people?

Newly