> It always amazes me how quick people are to needlessly take away freedoms and fuck others over as a knee-jerk reaction.

What freedoms? We're talking about tax advantaged investment accounts intended for a very specific public purpose, which are already restricted in many ways because of that.

If you don't like restrictions, we could also solve this problem by abolishing IRAs then. Does that sound better to you?

You are proposing adding new restrictions on what people can do with their money. That is taking away their freedom. It is worse because you propose it as a solution to problem that doesn't even exist.