Quote:
Originally Posted by KTP
Couldn't we help out a lot more people who didn't plan well enough or decided not to save during their working years by taxing these wealthy Roth IRA accounts and supplying these other poorer people with a good monthly income?
I mean, if it only affects a small number of people (those who established Roth IRA accounts and were thrifty enough to contribute to them each year) wouldn't that really be for the better benefit of society?
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Now I'm a pretty liberal, progressive person, but this suggestion is just out & out Communism- "From each according to their means, to each according to their needs".
This is worse than means testing, where if you're "wealthy" (you saved for retirement) you get less or no SS, even though we all pay in the same rate.I have long feared that is coming,