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What about assets? The highest median net worth cohort is households headed by those 65-69, second by those 70-74, third by 75 and older. (as of 2011) It's one
by bradleyjg 11y ago
What about assets? The highest median net worth cohort is households headed by those 65-69, second by those 70-74, third by 75 and older. (as of 2011)
It's one thing to give welfare to older people who can't work to keep them off the streets and quite another to give them welfare so they can give lavish inheritances to their children.
- s_q_b 11y agoAssets are a great point. Much like lifting the cap on earnings tax, assets should factor into the payout equation, much like they affect student grants.