A proposal in the government budget set forth in 2013

Reference no: EM13803644

A proposal in the government budget set forth in 2013 placed a limit on the total amount of savings that can be accumulated in tax-preferred retirement accounts to about $ 3 million (U.S. News and World Report, April 10, 2013). The White House has argued that wealthy individuals have accumulated "substantially more than is needed to fund reasonable levels of retirement saving," and that the tax deductions from these excess savings cost the government billions each year. Do you agree or disagree with proposal, why or why not? How do these sorts of proposals affect the market for loanable funds?

Reference no: EM13803644

Questions Cloud

Compute confidence interval for the mean length of stay for : A hotel manager is interested in the mean length of stay for his guests. A random sample of 16 guests produced a mean length of stay of 4.3 nights with a standard deviation of 1.2 nights. Assume the distribution of lengths of stay for guests follow..

Organization current focus : Write an paper in APA format of no more than 1,050 words that answers the following questions: What is the organization's current focus? What are the organization's goals?

Justify characterizing data types according to task taxonomy : "Characterizing Data Types" Please respond to the following: Justify characterizing data types according to task taxonomy. Support your response

Assignment hospitality information systems and users paper : Assignment Hospitality Information Systems and Users Paper

A proposal in the government budget set forth in 2013 : A proposal in the government budget set forth in 2013 placed a limit on the total amount of savings that can be accumulated in tax-preferred retirement accounts to about $ 3 million (U.S. News and World Report, April 10, 2013). The White House has ar..

What are the five aspects of our constitutional system : What are the five aspects of our constitutional system and political traditions which give our bureaucracy and its operations a distinctive character. What are some of the reasons the authors offer for the growth in the size of the federal bureauc..

Explain in detail and carefully : Explain in detail and carefully:The price elasticity of demand for a product is -2.50. Will a shortage (in a primary part that makes up the product) likely increase or decrease the revenues of the manufactures?

Role of competitive intelligence : Evaluate the effect of global factors and the role of competitive intelligence on your previous analysis. Consider the challenges faced in your previous assignments in the evaluation.

Individual assignment effectiveness of technology paper : Individual Assignment Effectiveness of Technology Paper

User Account

All Pages