They are just deferring taxes. Taxes will be paid anyway in the future. In some ways I prefer to pay taxes now because you are free with your money and that is

They are just deferring taxes. Taxes will be paid anyway in the future. In some ways I prefer to pay taxes now because you are free with your money and that is wealth in itself. A new crazy Bernie comes and changes the rules and you are f*ck$d with 30-40% of your savings disappearing in days by inflation, formal currency devaluation, new taxes and so on. E.g If I were living in Peru today I will fly with my money as soon as possible with the new communistic guy in charge. Just hearing him talk in the past would be enough to take the decision.