Why do I think surrendering whatever money you have is not going to be an option?
RE :”Why do I think surrendering whatever money you have is not going to be an option?”
If you try to spend it it will go to a VAT or cap and trade. If you save it the death tax will take it. But the important thing is letting you THINK it’s really your money so you work harder. It’s like taxing your social security, it’s not a cut, it’s a tax.
With health reform, it’s not a middle class tax increase, it’s a fine, except in court they will call it a tax so it is constitutional. (this part is hokey I admit.)