Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: calex59; qam1; A Ruckus of Dogs; Rammer
You young f*** can't even pay the taxes you have now without crabbing and complaining about it. You say the old people are selfish but you are the ones who don't want to pay any taxes what so ever and would gladly strand millions of old people without an income at all and be happy about it.

Maybe that has something to do with the fact that you old f***s keep raising our taxes to pay for YOUR bills. Some of us would gladly strand you because you keep stealing from us, and if someone steals your wallet, you ain't exactly glad to see them coming over for dinner. Medicare alone is going to account for a majority of income tax receipts in the next 20 years...yet Congress votes in a drug benefit for the wealthiest American demographic? WTF? WE'RE unreasonably complaining?

You lie to yourself about how rich the over 65 crowd is, when in reality 97 percent of that group barely make it month to month and many are homeless because they lost their homes due to property taxes after they retired.

You pulled that 97 percent number so far out of your ass you should have typed it in brown. First off, for U.S families with head age 45–54, median gross financial assets were about $4,200, and median net financial assets were about $l,700 in 1995. Families with head age 55–64 had median gross financial assets of about $6,900 and median net financial assets of about $4,800. Median financial assets are greater for older age groups, peaking in the age group 65–74 at about $12,500 of net financial assets, then declining to about $10,300 for families with heads age 75 and older. Second off, since 1989, median net worth declined for all age groups under 55 and rose for all those above 55. Moreover, the annual average increases in median net worth were substantial only for families headed by a person OVER age 65--4.7 percent for those aged 65 to 74, and 3.5 percent for those aged 75 and older.

Who said that first part? Merrill Lynch. Who said the second? Your AARP pals. And the AARP happens to agree with Merrill Lynch as to those wealth statistics. So does the Fed. So does the U.S. census bureau. And since you're spouting off about how the so many seniors "are homeless because they lost their homes due to property taxes after they retired," I defy you to back that bluster up. First, let's hear what "many" means. Is that 50% of seniors or less? 30%? 5%? Speak up!

Quit blaming the old people for something that is the fault of the government.

Who set up all these entitlements so they didn't have to pay for squat out of their pockets, then ran the government into the ground? Saying "it's the fault of the government" seems to betray a lack of understanding of how laws are made and who constitutes the largest voting bloc. I thought wisdom was supposed to come with age. Must be just another AARP-spread rumor.

67 posted on 04/18/2005 11:49:19 PM PDT by LibertarianInExile (The South will rise again? Hell, we ever get states' rights firmly back in place, the CSA has risen!)
[ Post Reply | Private Reply | To 32 | View Replies ]


To: LibertarianInExile

Thanx Lib, you said it better than I could.


75 posted on 04/19/2005 5:51:32 AM PDT by A Ruckus of Dogs
[ Post Reply | Private Reply | To 67 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson