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View Diary: The unforgiving certainty of math (18 comments)

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  •  I'm hoping you are wrong (1+ / 0-)
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    lakehillsliberal

    about Roth IRA's for two reasons: 1) Roth IRA's are post-tax money, thus there are more rules to change in order to get at them (i.e. not the lowest hanging fruit), and 2) I have a bunch of money in Roth IRA's. I put the money there before I got religion, and now its trapped.
       I think they will go after traditional IRA's and 401k's first for a couple reasons: 1) there is more money there, and 2) all they have to do is change tax rates rather than completely go back on their promises and tax the same money twice.
       That's not to say that Roth IRA's are safe by any means. I just think they are safer.

    "The people have only as much liberty as they have the intelligence to want & the courage to take." - Emma Goldman

    by gjohnsit on Sun Jul 24, 2011 at 11:57:48 AM PDT

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    •  I did not state my meaning clearly, I (1+ / 0-)
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      gjohnsit

      think as you do that they will try to eliminate the tax advantage of 401K's(actually all middle class tax deductions) and they will use Roth IRA's as an alternative so people will not understand or rebel at how soundly they are being screwed.  

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