Why don’t they just live responsibly? Why do they need our money? Are they buying Starbucks every morning? Can’t they forgo avocado toast? Why don’t they try working at Panda Express I hear their management program has great benefits.
This bill raises the income cap for taxing without increasing benefits paid out. It means for high income young earners, we pay the SS tax on without getting anything back. Something that you didn’t have to do. It’s money I will never see for your benefit. Yes you’re sucking money from the young.
It’s just insane. They’ve had five decades to solve this problem that has been constantly warned about and they did nothing. Now faced with the prospect of getting slightly less money out, they’ve decided to place a larger burden on the young. The Boomers are the worst generation there’s ever been. Unbelievably selfish and destroyed everything that helped them find success.
While we're talking about Social Security, remind yourself that retired people get significant tax breaks in all 50 states.
They had decades of rising home prices and stock markets to save, already get multiple significant tax breaks, and they still want more.
It's well past time for Boomers to pull themselves up by their own bootstraps.
Boomers already spent their Social Security. They voted for politicians that promised them the world. All they had to do was spend the future tax dollars of all their kids, grandkids, and great grandkids. They called it deficit spending, but it was theft. Now the bill is due and they think they can take even more.
You really have to hand it to the Boomers: they spent 40 years using deficits to cut their taxes, rescue their portfolios, and inflate their home values, then handed the bill to their kids and called it protecting Social Security. Well played.
@GreenPlusAnE So, they want young workers to pay more taxes for someone else to maintain their benefits?
But they don’t want to pay property taxes because their kids aren’t in school anymore and they argue against maintaining benefits for someone else
Cutting Social Security benefits is the solution, not the problem.
The only alternative is a massive tax hike on younger workers.
We need to decide whether to re-orient America towards growth, or cling to last century’s myths and methods.
baby boomers, last week: if you can't afford a house, you're not working hard enough. nobody ever gave us a break
baby boomers, this week: i cant afford my house unless i get tax breaks
I'm getting feedback from some Seniors, saying that only young people should have to pay property taxes because it's the young people that have children in the public schools.
That because Seniors don't make use of the public schools, they shouldn't have to help pay for them.
Okay, sure -- I can appreciate this logic.
So now, let's readjust everyon'e healthcare insurance costs.
Younger people barely need medical assistance at all -- so we can go ahead and adjust their rates DOWN.
Older people, however, quite often need medical assistance -- so we can do ahead and adjust their rates UP -- by right around 60%, according to the best estimates.
Afterall, we wouldn't want younger people subsidizing something that they don't personally use, right?
Boomers inherited a country with a 30% debt/GDP ratio and left us with a 120% (and growing) debt/GDP ratio.
They spent their entire life racking up America’s credit card bill, destroyed the dollar in the process, and now want a pat on the back for it.