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Reply #50: that's the way the old people strike me - as self centered and greedy [View All]

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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-18-07 12:51 PM
Response to Reply #49
50. that's the way the old people strike me - as self centered and greedy
It's greedy to be outraged when people with $50,000+ incomes get tax free income? That's what the Kansas legislature just passed - social security income is tax free, even for people with incomes over $50,000. As for what I will have to depend on, are you not hearing the news? All of those programs are going to be ended by the time I am 60. 'We can't afford it, because there are just too many boomers and not enough X-boxers. Tough beans, generation X'. Meantime, my dad has a tax-free pension of over $20,000 and net assets of over $700,000. Yeah that's fair. Except he might need another subsidy. The Kansas legislature has floated proposals to give seniors a break on their property taxes. Meantime, although 7.65% comes out of my salary for FICA and an automatic 4% for my pension, and both of those amounts are considered taxable income, and at $12,000 a year I will need a $600 payment to my IRA just to avoid federal income taxes. The programs for the elderly goto alot of people who are far from needy and the same breaks do not goto people under 55 with much lower incomes. How is it greedy to complain about such injustices? Why wouldn't progressives stand up for those with low incomes, regardless of age? Shame on me, just another greedy member of the working poor. :spank:
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