@Billhrny - No, they won't do that as the moment they do the deposits into them go to zero immediately and permanently.

The most-likely "fuck you" side is simply going to be on tax rates and reneging on the ROTH promise, plus getting rid of some of the capital gains preference. If I had to guess it would be that for ordinary people capital gains will be treated as ordinary income. Of course they'll find some way to keep the hedgies and such protected, but you as an ordinary prole who have had a very nice differential are going to see that disappear.

Remember that the top ordinary income marginal rate was 70% not all that long ago and HAS BEEN as high as 94% in the US (1944.) Don't think for a second they won't do that sort of shit again but there WILL be ways around it for the politically connected. For you and I? Nope; my best guess is that somewhere between $100-200k you're going to get buttfucked so the idea of retiring in "the lap of luxury" for an ordinary investor or other person is just plain old fashioned fucked and done.

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