No. of Recommendations: 8
raddr writes,

You can bet that at the very least these guys are drooling over the trillions of dollars in retirement accounts and are losing sleep try to scheme ways to get at it. I suspect that they will eventually figure out a way to tax at least some of it.

Retirement accounts are already taxed. Traditional IRA and 401(k) distributions are taxed as ordinary income, not as capital gains. People who are able to really "live it up" during retirement will pay plenty of taxes.

And although no politician in their right mind would even dare think of taxing Roth IRA distributions directly, the contributions are already taxed, again as ordinary income, often years in advance. And a good portion of the "tax free" earnings, when finally spent, will be paid in the form of sales and property taxes, which will continue to rise.
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