yeahman,yeahman wrote: ↑Thu May 17, 2018 6:59 pmEven Roths are subject to tax change risk. It isn't far-fetched to think they could be double taxed in the future. In fact, I rate it as more likely than a rise in the lower marginal income tax rates. The most politically popular tax increases are probably caps and double taxation.
I disagreed. Globally, the governments had lowered their personal and corporate income tax rates and raise some form of consumption tax to compensate that. Politically, it is easier to collect and simpler to raise consumption taxes. And, people volunteer to pay more taxes when they choose to spend more.