No. of Recommendations: 1
" I keep reading (John Mauldin, etc..) that the Gov (state and fed) will need to pay for all the public pension obligations coming due and one idea that has been mentioned is a "wealth tax". Tax the wealthy.

Thanks for any input/thoughts. "

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Stay calm and stay nimble. Moving can always be an option.

Howie52
The PBGC would not exist if there really were a guaranteed pension.
Somehow or other - there will more likely be an overall tax increase
at the state and/or local level or a sales tax "surcharge" specific to
"pension reform".
For "pension reform" you might read "pension robbery".
Not all "Promissory Notes" end up being paid and "government" generally
feels itself exempt from laws until "pushed".
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