Regime Moves Closer To Confiscating Retirement Accounts

Regime Moves Closer To Confiscating Retirement Accounts: Be afraid, be very afraid… On Nov. 20, 2007, Theresa Ghilarducci, professor of economic policy analysis at the New School for Social Research in New York, presented a paper proposing that the feds eliminate the tax deferral for private retirement accounts, confiscate the balance of those accounts, give each worker a $600 annual “contribution,” assess [...]