A new tax provision meant to target ‘Mega Roth’ owners would merely undermine Americans’ trust in retirement savings.

NRPLUS MEMBER ARTICLE ‘B uild Back Better,” the federal spending plan recently passed by the House, has a provision in it that is clearly a piece of political theater. Among other things, the bill sets out to change the rules surrounding Roth IRAs, including a strong retrospective element, which seems to have been inspired by one particular person for whom the Left has — how to put it — very little affection: Peter Thiel.

Before anyone asks: No, I do not have any business or other financial ties with Mr. Thiel. We are friends, but not business associates. I did interview Thiel for my podcast

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