It’s not just income but wealth.
IRAs and 401ks fit the bill nicely here as the govt thinks that since taxes are unpaid on these earnings, they are the govt’s money.
Look for the huge wealth within these two groups to be “taken” by a greedy govt which is strapped for money.
You will have money taken from your account and exchanged for “credits” to SS to use.
Last year I withdrew a substantial portion from my 401k and purchased land. Big tax bite, but now it cannot be taken as easily.
Have you checked for spotted owls nesting on your property? Any lynx fur? How about Sand Dune lizards? Any pools of water that might be controlled as navigable waterways? Is a big box store looking for land that would yield some good property tax revenue...think Kelo.
“Big tax bite, but now it cannot be taken as easily.”
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Spend much time in Fantasyland?