Simple Tax for Seniors Act - (Seniors get their own 1040 Form)

http://thomas.loc.gov/cgi-bin/bdquery/z?d108:h.r.04109: ^

[atomicpossum]

After all, we are told they are the ones on a "fixed income".

So why is it 90% of the people in any casino around here seem to be of retirement age?

Some may have trouble having ends meet, but the truth is that seniors aren't all eating dog food, in fact they tend to be better off than other classes.

[ancient_geezer]

The ferwarder I look the backwerder I gits.

Blame it on Alheimer's and a long nite.

[Taxman]

"Or we could just go to a national retail sales tax and burn the IRS building to the ground."

This senior thinks that is a mighty fine idea. LESSDOIT!

[Taxman]

Hang in there, Geezer! It gets better, I promise!

[phil_will1]

"Or we could just go to a national retail sales tax and burn the IRS building to the ground."

Bears reposting .... what a marvelous thought.

[xrp]

Yep. Let's see where the wealth is:

TABLE 6
FAMILY NET WORTH AND NET FINANCIAL ASSETS OF
FAMILIES WITH TOTAL INCOME OF $30,000 OR GREATER
BY AGE OF HEAD OF FAMILY: 1995

Age of Head	Net Worth		Net Financial Assets		Number of Families
	Mean	Median	Mean	Median
25–34	$42,102	$20,949	$7,283	$800	9,872,828
35–44	$89,032	$53,482	$20,996	$3,200	14,954,317
45–54	$146,386	$90,815	$43,189	$7,500	12,274,800
55–64	$215,894	$145,350	$78,291	$23,700	6,821,179
65–74	$270,623	$202,647	$118,783	$62,100	4,152,084
75 or older	$299,947	$225,800	$146,748	$100,000	1,701,111
All(a)	$133,607	$73,392	$44,055	$6,049	49,776,319
(a) Families with head age 25 or older Source: Capital Research Associates analysis of Survey of Income and Program Participation data

[FourPeas]

You, ma'am, have me shaking in my boots.

[FourPeas]

will never seek or accept a discount based solely on my age

Congratulations. May I say that you are an older person worthy of respect. I'd gladly buy you a round at your favorite establishment.

[phil_will1]

"will never seek or accept a discount based solely on my age"

Reminds me of one of the great lines Ronald Reagan used in his debate with Walter Mondale, something about not exploiting his opponent's youth and inexperience for partisan political purposes. Mondale was in his 70s at the time. Even Mondale broke up at that one.

[xrp]

Uhh, negative, Reagan was 73. Mondale was 56 at the time.

[CSM]

Why not just treat "Retirement Income" the same as any income?

[CSM]

"It's about time that seniors are given the respect they deserve, after all the young are benefiting from what the seniors have done for them. But if all the seniors sat on their @ss you might not have what you young have now. Freedom and prosperity."

I'm so glad that I have had such an easy life and have had everything handed to me. Never mind the 10 years in the Army or the 40 hours a week during full time colleg or the confiscation of half my earned cash or many other things. I guess I should thank the "gimme" generation for making life so easy for us youngsters.

Why should any income be treated differently from the rest? I just love how the "convenient conservatives" populate FR.

[Wolfie]

Its gettin' so I'm looking forward to getting old. Of course, by then, the whole socialist house of cards will have collapsed.