DeFazio wants to rob people of their retirement

Peter DeFazio’s first bill of the cycle is to implement a tax on Americans’ retirement funds.

A Financial Transaction Tax (FTT) will increase transaction costs on 401k retirement funds, taking money from middle-class Americans. 

DeFazio’s legislation would cost folks $64,232, delaying hard-working Americans’ retirement by up to TWO years.

Why would DeFazio want to take money away from Americans, especially during a pandemic?