Eliminate tax-exempt retirement accounts and tax savings accounts at personal-property-tax rates.
Not to single you out because lots of ppl do this, but "not expecting social security to be viable when I retire" is equivalent to "throwing everybody under the bus". We all have to act with a mandate that it be viable. Failure isn't an option.
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But assuming real UBI, if you're middle-class and not upper-class, any loss from new taxes on savings already stashed away would be dwarfed by new income from UBI.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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You're wrong. And you're throwing me under the bus with silly assumptions. I still have to pay into Social Security, and I still do, and if I don't then I didn't know, and I'll still keep paying into it. I just don't plan on collecting it which is helping the people...
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Perhaps I stated that poorly. What I mean is that, if we reach a place where social security is no longer viable, there will be a huge segment of the elderly population in severe poverty with no savings.
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My view is that we have to act with an attitude that such an outcome is unacceptable, and that we're going to make sure it doesn't happen, not that we're going to save ourselves (pardon the pun).
End of conversation
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