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My husband is no longer working, and at some point so will I.

Even though our incomes were close, it is going to reduce our taxes by more than half. Hey, if I stop working, we will be eligible for subsidized health insurance.

Here is a major concern vkg. As a RE person, I presume you have a decent nest egg. With the way wealth is being demonized in this country, it's not hard to imagine the growing 'entitlement' mentality to grow to the point where someone with 1 mil nest egg (only 40k per year) as a rich sob that needs to be hit with a wealth tax.

Remember Al Gore ranting about the dignitiy of labor over the dignity of wealth...or something like that.

RE people will be a target because of their investments. It will start slow...but it will happen. Taxing the super rich is not enough. 1 million sounds awful good to the average Joe living on 25k of ss or a minority sucking off the system.

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