To: rintense
. But they have a larger financial support system that most elderly. Secondly, *most* 18 year olds do have a large amount of disposable income. That's why they are a highly sought after democgraphic for advertisers.
Thank you for flame free debate. I will try to do the same.
Now I see how people think that the young have the appearence of wealth, but its just an illusion.
A young person has low income and no balance sheet.
One must buy a car (even if used) a house, and support a wife/kids and educate oneself obtain seed capital for a bud or remain poor.
Redistributing income is only more discouraging and equitable.
Your average 65 year in most cases will own their house (no rent) and have a port of 100 - 500K or more, unless of course they have lived a life of consumption and laziness.
So why should we tax the young and deny them a balace sheet, when either the older people already have OR SHOULD have the money in most.
Its just another addition to the social security ponzi scheme.
10 posted on
10/26/2002 11:57:58 AM PDT by
fooman
To: fooman
Correction:
Thank you for flame free debate. I will try to do the same.
Now I see how people think that the young have the appearence of wealth, but its just an illusion.
A young person has low income and no balance sheet.
One must buy a car (even if used) a house, and support a wife/kids and educate oneself obtain seed capital for a business or remain forever poor.
Redistributing income is only more discouraging and INequitable.
Your average 65 year old in most cases will own their house (no rent) and have a port of 100 - 500K or more, unless of course they have lived a life of consumption and laziness.
So why should we tax the young and deny them a balace sheet and future, when either the older people already have OR SHOULD have the money in most cases to pay for drugs.
Its just another addition to the social security ponzi scheme.
11 posted on
10/26/2002 12:01:44 PM PDT by
fooman
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson