Have you noticed

[phxspurfan]

that your first paycheck of 2013 has a 50% increase in Fed OASDI/EE taxes? Good job baby boomers, now I'll get to pay for all of your Hovarounds and I still won't get Social Security until I'm 85.

[boutons_deux]

GFY

baby boomers already paid in for the generation ahead of them.

Your venerated St Ronnie the Diseased wants to be thanked

"There were other notable tax increases under Reagan.


In 1983, for example, he signed off on Social Security reform legislation that, among other things,

accelerated an increase in the payroll tax rate,

required that higher-income beneficiaries pay income tax on part of their benefits,

and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees."

http://money.cnn.com/2010/09/08/news/economy/reagan_years_taxes/index.htm

[phxspurfan]

GFY

baby boomers already paid in for the generation ahead of them.

Your venerated St Ronnie the Diseased wants to be thanked

"There were other notable tax increases under Reagan.


In 1983, for example, he signed off on Social Security reform legislation that, among other things,

accelerated an increase in the payroll tax rate,

required that higher-income beneficiaries pay income tax on part of their benefits,

and required the self-employed to pay the full payroll tax rate, rather than just the portion normally paid by employees."

http://money.cnn.com/2010/09/08/news/economy/reagan_years_taxes/index.htm

So because some rich guys and some Work From Home Pyramid Schemers paid a little bit more in the 80s, I'll get Social Security when I'm 67 like everyone today right? Forgive me if I don't hold my breath.

[phxspurfan]

I'm not just aiming this as an attack on Baby Boomers though. Everyone is to blame for our spending tons of government money on ostentatious bullshit like new sports stadiums and not enough on education and infrastructure to the point where if we don't increase taxes by 50% we go into default and bankrupt entire cities and states.

http://media-cdn.tripadvisor.com/media/photo-s/01/72/45/5b/gigantic-stadium.jpg

w00t