Baby boomers are the top 10-15 percent of wealthy. When they retire there will be the middleclass to pay for the taxes for the boomers. Keep voting Democrat and don’t be surprised when 50percent of your paycheck is gone.
2007-06-06 12:11:20 · 19 answers · asked by GREAT_AMERICAN 1 in Politics & Government ➔ Politics
They don't actually consider where the money might come from, they just take it.
I have no problem with those who will gladly pay paying, just keep your mitts out of my pocket.
2007-06-06 12:15:32 · answer #1 · answered by Brian 7 · 7⤊ 2⤋
Your first assumption is that the baby-boomers can afford to retire. Not necessarily so. They loose many tax advantages by retiring. Second. One way to solve part of the problem is to take the lid off of contributing to SS. If you make over $87K you stop paying in at $87K. If we stop borrowing $200B a year from SS it will last longer.
I encourage every one to vote for Democrats.
2007-06-06 12:29:37 · answer #2 · answered by TBEAR 2 · 1⤊ 1⤋
Twelve Million mostly young workers have already been lined up to pay the payroll taxes to help cover the Boomer's Socialist Security. More will be added as needed.
2007-06-06 12:22:04 · answer #3 · answered by B.Kevorkian 7 · 0⤊ 1⤋
er... if you count how much I pay for health insurance a month.... and my taxes... that's already REALLY close to 50 percent of my check...
but, on to your question...the money of the boomers doesn't disappear... they are still wealthy... and will be investing and those investments will be taxed...
and more wealthy people will be created in the new jobs that are opened up when the boomers retire...
the jobs that the boomers had that paided huge amounts won't disappear, just new people will be hired
this really isn't that complicated...
2007-06-06 12:16:48 · answer #4 · answered by Anonymous · 0⤊ 3⤋
What's left of the middle class! I heard that currently about 90% of the taxes are paid by 5% of the people.
2007-06-06 12:15:43 · answer #5 · answered by JessicaRabbit 6 · 5⤊ 0⤋
well actually to really have affordable health care what we need is TRUE tort reform. you wonder why your hospital bills are so high and doctors visits are so high, doctors have to pay high insurance costs themselves in order to protect themselves from slip and fall lawyers.
i personally do not want to have to not only pay for my employee based health care and my medical bills, i don't want to have to pay for everyone else health care as well. don't you democrats, who claim to love freedom and democracy, realize the more taxes they get the more powerful they become. we are the people we have the power this a democracy not socialism. so like the person who asked this question if the Dem's are not stopped we will paying 50% of checks to healthcare and we would all be broke
2007-06-06 12:37:07 · answer #6 · answered by Anonymous · 0⤊ 1⤋
China will loan us the money if they do not own us free and clear by then. They probably will at the rate they are loaning us money for the Iraq quagmire.
I would pay the taxes, always have, always will. They are a necessity. America is not a profitable business and the taxes are needed. I will pay them if that is what my country needs.
2007-06-06 12:17:56 · answer #7 · answered by Anonymous · 1⤊ 2⤋
It comes from managing the money the government spends better. Both parties are guilty of gross mismanagement of our tax dollars.
2007-06-06 12:23:24 · answer #8 · answered by FaerieWhings 7 · 2⤊ 1⤋
Yeah, and a lot of those taxes will be paying to help the newly retired citizens.
2007-06-06 12:16:18 · answer #9 · answered by Gordon Freeman 4 · 3⤊ 2⤋
Tax the people that took the time and worked hard for their college degrees so they could become productive members of society.
2007-06-06 12:16:49 · answer #10 · answered by mbishop1113 4 · 3⤊ 2⤋
If a Dem gets in, this kiddo is taking early retirement. Ya'll have fun in "Tax World".
2007-06-06 12:19:51 · answer #11 · answered by Anonymous · 1⤊ 2⤋