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<If it does happen, I am sure there will be some provision for the tax deferred accounts. If not, there
would be a mass lynching of our elected senators and representatives.>

<Thanks. You are probably right.>

You actually think your Uncle, in 2025 or whatever, would *refund* a portion of the taxes which you paid the IRS thirty years ago??? Have I got some prime real estate in Florida for you guys!! Or would you prefer the Brooklyn Bridge? ROFL! ;-)

Having said that, I don't think that a consumption tax is likely to replace the income tax simply because it would screw the poor & middle class and have the appearance of letting the country club set off the hook since progressivity would be gone. Not gonna happen. I'm putting my $$ where my (smart) mouth is, since I've converted my IRAs to a Roth already. We'll see who's right in 30 years or so.

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