Today’s guest blogger is Aaron Friedman, a national practice leader with Principal Financial Group. As congressional lawmakers debate tax policy and who’s “rich” and who isn’t, he reminds that achieving retirement readiness for all income groups is what matters most. Enjoy, and as always, share your thoughts in the comments. —Kelley M. Butler
“Tax the rich! Raise their rates! Limit their deductions!” That seems to be the populist mantra. It’s perpetuated in the press, and there’s some indication that the general public seems to support the idea. Now middle-class workers with higher than average incomes seem to be caught up in discussions defining those that are “rich.”