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make money removed from a retirement plan prior to retirement taxable by standard income tax

Created by B.A. on March 04, 2014

Money taken out of a retirement plan is heavily taxed on top of what is normally paid for income tax. Basically, you are being taxed extra for taking out your own money from your account. This petition will make it so that standard income tax is paid when money is taken out of a retirement plan (401K) before retirement.

Economy & Jobs
Civil Rights & Equality
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