Hell, let's just call it for what it really is: another income tax!
“Hell, let’s just call it for what it really is: another income tax!”
Of course - there is not ‘Trust Fund’. THE MONEY IS GONE. For you FReepers in your 50s and 60s, let me say that again:
THE MONEY IS GONE
(and again)
THE MONEY IS GONE
Is it sinking in yet? Your generation chose to spend that money (and more) as it came in. YOU ARE NOT ENTITLED TO THE EARNINGS OF MY CHILDREN AND GRANDCHILDREN.
Let me say that again:
YOU ARE NOT ENTITLED TO THE EARNINGS OF MY CHILDREN AND GRANDCHILDREN.
I’m sorry that the people that YOUR GENERATION elected chose to spend ALL of your retirement money, but they did.