No. of Recommendations: 3
The Secure Act is revenue neutral, so it can't really be described as a government money grab.

Sure it can, since it will trigger large amounts of Roth Conversions for anyone who anticipated using IRAs for the Stretch IRA benefit. With the insane spending and huge deficit, tax breaks to the 1%, the money has to be had now, and can't be waited for in the future. I would gladly go back to the 70.5 RMDs.

...but if income tax is ever replaced with a national sales tax, those benefits go poof!

This is about politicians wanting to put a band aid on things they messed up and take tax money away from when it was going to come in the future when they are no longer responsible. Almost guarantees some sort of additional value added tax down the road. Won't be instead of income tax, but in addition to.

IP,
not a spender and would most likely do better under a value added tax than income tax
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