If he wants to pay more, then stop taking advantage of all the tax breaks.  A taxable income of $310,000 (income after deductions) pays an effective rate of 28% (for last year).  So, he must be taking some hefty deductions to get his rate down to 28%.  Probably doing like Buffett and Obama, sound the alarm that you s...more

Why would you move money from a DEFINED BENEFIT plan???  That is the old, traditional plan that the employer pays you a defined amount of $$ per month.  That, basically, is an annuity.  Why would the government want money taken out of that and put into annuities?  Maybe they meant a defined contribution plan???

Jesus Christ did not condem the accumulation of wealth for retirement.  The scripture referenced was pointing out that no amount of earthly wealth will buy your salvation.  It was meant to reveal that one must be saved to reach heaven, it can not be bought.  That does not mean we should not save for our retirement.