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>"I don't have any children, why do I have to pay property tax to fund my towns schools? I'm being ripped off!" We hear a variation of this in FL all the time
by JustSomeNobody 10y ago
>"I don't have any children, why do I have to pay property tax to fund my towns schools? I'm being ripped off!"
We hear a variation of this in FL all the time from retirees. Their children are grown and they've already paid for schools in their previous state!
Ok, thanks for moving here, then.
- vernie 10y agoBut they're perfectly content to bankroll their incarceration down the line.
- branchless 10y agoAnd they will be having their care bills paid in 10 years time by ... the same teenagers going through school now. What goes around should come around.
- velodrome 10y agoI think you correctly identified the symbiotic relationship. If seniors expect their benefits to be fulfilled, they need to invest (jobs, education, etc.) in very people who are paying their entitlement. Stan Druckenmiller gave a talk about this very subject called "Generational Theft": https://www.youtube.com/watch?v=fbgIiAnpcPc https://www.youtube.com/watch?v=fbgIiAnpcPc The chart from that talk showing the reversal of investing in the young vs the old: http://www.businessinsider.com/stan-druckenmiller-on-generational-theft-2013-9#druckenmiller-says-the-problem-is-the-baby-boomers-moving-into-retirement-that-population-is-about-to-explode-he-says-he-points-out-that-the-old-now-consume-a-lot-more-in-their-70s-than-they-did-in-their-20s-3 http://www.businessinsider.com/stan-druckenmiller-on-generat...
- branchless 10y agoIf only it were symbiotic. It's parasitic.