How?
If you have put $500,000 into accounts that either are or have been converted and rolled into Roth vehicles, and you were at the highest income tax rate, you have already paid 125k+ in taxes. In fact, you’ve paid much more than that in real terms when you factor in inflation and the opportunity cost of not having the taxed money to invest separately. Someone could have 500k in traditional vehicles AND also have had the 125k+inflation to invest all along
***THIS MEANS THAT THE GOVERNMENT HAS CONFISCATED 25-33% of my money from the past -— more when you count the inflation and opportunity costs lost. This confiscation WOULD NOT have taken place in other vehicles such as traditional IRAs and 401ks. People made choices to pay taxes at an earlier time by using a ROTH with a guarantee from the government that they would not pay federal taxes later.