Why we call them Freedom-Haters - today's edition

The arrogance necessary to publicly presume this is breathtaking:

With the release of its 2016 spending blueprint Monday, the Obama White House officially signaled its intent to raise taxes on the wealthiest Americans, in part by placing limits on retirement savings.

The proposed budget, which allots $4 trillion in spending for fiscal year 2016, proposes to cap tax-deferred saving in 401(k) and Individual Retirement Accounts at about $3.4 million. 

That amount of savings generates more than $200,000 in income annually when annuitized, an amount that should be sufficient for most, according to the Obama administration’s rationale behind the proposal. 

The Most Equal Comrade is really stoking the class envy this year.  It's The Great Leveling Project in action.  Punish ambition.  Keep the cattle-masses dependent on Leviathan's machinations:

The cap – an idea that Obama proposed last year as well – is a relatively small gambit in the budget’s larger effort to raise revenues by increasing capital gains taxes, inheritance taxes, and taxes on foreign revenue streams of U.S. multinational companies.  

If the Most Equal Comrade says one syllable about having an interest in sound policy, it's a God-damned lie.  His motivation is pure ideology. Recall his 2008 conversation with ABC's Charlie Gibson:

Mr. Gibson: “In each instance, when the [capital gains tax] rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down.
“So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?”
Mr. Obama: “Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness.”

Willing to take in less money just to stick it to "the wealthy."  You don't get any more socialist than that. 
Listen up, you totalitarian jackboots.  A person's money is his or her money and it matters not a whit whether he or she is rich, middle class or poor.  Your government ought to have to puke all over itself to justify taking one more penny than is needed to carry out the functions specified in Mr. Madison's precious document.