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May 20, 2024
11:01
:03
am
PickleButton
All-American
This is a horrible idea. Complete disaster
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PickleButton
Previous username
187_Skillz
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PickleButton
Joined
Nov 15, 2005
Last login
Jun 13, 2024
Total posts
16,806 (1,368 FO)
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Messages
Author
Time
Been reading about "using" the boomers' wealth to pay down national debt
JoMax
May 20, 9:38am
Don’t we have an inheritance tax??
germ1
May 20, 9:45am
Effectively...no
Plato
May 20, 9:47am
The wealth transfer is wildly over stated. Most of it will be tax free
rad dawg
May 20, 9:50am
As it should be. Why should money that has often been taxed several times
Archaea
May 20, 9:58am
Don't understand why a transfer of the same already taxed money justifies an additional tax. So dumb.
Soupie
May 20, 10:00am
Im with you. More taxes is rarely if ever the right answer.
rad dawg
May 20, 10:00am
Step up in basis doesn't fit here though. They should text that capital gain.
Plato
May 20, 10:07am
RE: Step up in basis doesn't fit here though. They should text that capital
Archaea
May 20, 10:19am
Everyone else has to pay cap gains, why not people who die or their
Plato
May 20, 11:31am
You have a tough road
Archaea
May 20, 11:38am
Sounds awful. But fine, start with indexing SS based on income/wealth
Plato
May 20, 9:47am
It should have been indexed with life expectancy.
Dryfire
May 20, 10:01am
Compound index SS and other safety nets for both wealth and age
NYC and Japan
May 20, 12:31pm
Wait, wait not I tell our Gov can control their spending. Otherwise they will Co
germ1
May 20, 9:47am
RE: Been reading about "using" the boomers' wealth to pay down national debt
Archaea
May 20, 9:47am
Here my solution pass a law that if we are invoked in a war with a country holdi
germ1
May 20, 9:52am
The credibility of the US dollar and the premium fiat currency is tied to
Archaea
May 20, 9:57am
I'd prefer Congress to stop spending (and wasting) so much money
Huge Manatee
May 20, 9:50am
They don't value money... period. Throw it around like it's Monopoly money.
Soupie
May 20, 10:01am
Without a commitment to a balanced budget, it would be paying off credit cards
cougarmeister
May 20, 10:33am
They can’t even slow down the rate of growth. Doesn’t take a risk to the economy
Jstak17
May 20, 11:28am
It’s always so easy to give away other people’s money.
Big Daddy D
May 20, 10:05am
Yeah, I see your (and others) POV. Until spending is under control it would be
JoMax
May 20, 10:10am
That's commie talk. You should be ashamed.
Mister P
May 20, 10:27am
Why don't we reduce spending? There's a novel idea.
coolblue
May 20, 10:44am
WE are leaving it to them? how about the three generations who voted in spendthrift government?
ChinaFan
May 20, 10:49am
This is a horrible idea. Complete disaster
PickleButton
May 20, 11:01am
Well... much/ most of that boomer money will be spent as retirement.
NYC and Japan
May 20, 12:35pm
Um big no. That's the boomers money not yours. The nation is in debt not bc of the boomers but bc of the overspending
BYU Grounds
May 20, 3:54pm
Who’s been running the federal government and making the decisions resulting in overspending?
SpecialT
May 20, 5:30pm
Joe Biden, Schumer, Pelosi, Schiff, McConnell, Obama, GW Bush, basically most of Congress and every president since Clin
BYU Grounds
May 22, 6:00pm
All boomers, right?
SpecialT
May 23, 9:55am
So you are saying people like my parents who worked from teenage years to 65-70 ripped off the tax payers? LOL
BYU Grounds
May 23, 9:45pm
Yes, make sure Trump and Biden are both on the list, as well
CougarVeteran
May 23, 10:28am
No, he’s a boomer. So it’s all his money
puntersarepeople
May 20, 8:52pm
I am Gen X and yes its all money. And considering I won't get a whiff of my Social Security, I am..
BYU Grounds
May 22, 6:01pm
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