40 Million Americans Can't Be Wrong: Save the IRAs


 

Publication Date: May 1986

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Peter J. Ferrara

Research Area: Banking and finance; Economics

Keywords: Taxes

Type: Report

Abstract:

If the IRA deduction is not restored, Congress will be seriously weakening the nation's retirement system and destroying an important incentive for Americans to save. This is bad tax policy and worse economic policy.