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Agree - everyone should pay taxes. What I'm suggesting is leaving the "no taxation on this type of gain [IRA]" and promote it to the entire citizenry as a metho
by czbond 5y ago
Agree - everyone should pay taxes. What I'm suggesting is leaving the "no taxation on this type of gain [IRA]" and promote it to the entire citizenry as a method of not requiring social security, or not needing to support as many people on social security. The governments job should be to support people being OFF SS based on their own supportive, good choices....
If more people were off SS, then the entire governments budget would go down - which requires less taxation. We've taken the opposite approach.. support consumerism and spending, thus the government taxation and expanding budgets grow higher as our population ages to support a wider group.
- selykg 5y agoI'd be fine with this, but the problem is that the rich, who are utilizing these loopholes, are the same people not paying their employees a fair share so that they COULD support themselves and their future better. The wealth gap is freaking massive and growing. How are low and middle class people supposed to support themselves when they can't even get fair wages to support themselves and plan for retirement?