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Return to “What is the next Wide Scale Asset-Forfeiture?”

by philip964
Mon Aug 24, 2020 7:40 pm
Forum: Off-Topic
Topic: What is the next Wide Scale Asset-Forfeiture?
Replies: 29
Views: 8716

Re: What is the next Wide Scale Asset-Forfeiture?

IRA’s and 401k’s

All electronic. Plus some is already there’s anyway.

They will make it graduated.

No one “needs” more than a certain amount in retirement.

This will be the mantra.

Next will be changing Social Security payouts, decreasing the amounts for wealthy retirees. No doubt increasing amounts for less wealthy people as this will all be about equality.

BTW. I know someone who had a low paying job in a socialist country. They said they paid 50% of their income to taxes.

Return to “What is the next Wide Scale Asset-Forfeiture?”