Gold Confiscation? Internal Revenue Service Lays Claim To $18 Trillion Sitting In 401(k) Accounts – Patriot Update

Gold Confiscation? Internal Revenue Service Lays Claim To $18 Trillion Sitting In 401(k) Accounts – Patriot Update: "Uncle Sam, in a desperate attempt to fix its $16 trillion-plus deficit, is leering over Americans’ retirement nest egg as its new bailout fund.

Capitol Hill politicians are assessing tax changes that could let the Internal Revenue Service lay claim to a portion of the $18 trillion sitting in 401(k) accounts and other tax breaks used by middle-class workers, including cutting the mortgage tax deduction."

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