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.)
They are going through more contortions than a yoga master to maintain the illusion that we have a choice. Instead of taxing SS payments, and creating more paperwork, why not just cut the payment? They spend more money on bureaucracy to collect the tax than the tax itself. It’s nothing but a con game.