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Happy Monkey · 11-13-2017, 05:51 PM

Four sources of income exist for retired people - Social Security, private pensions, personal savings, and charity. Republicans have all but eliminated pensions, everyone knows their opposition to Social Security, and the 401K proposal was a surprising attack on savings.

I guess you could put, generically, "higher taxes" as a Democratic barrier to savings, but the Republicans end up worse on that, as well - they are against the progressive income tax. If taxes are made less progressive, or, in the worst case, flat, it will be even harder to build savings up from zero.

Are there any Republican proposals that make retirement easier, other than allowing the children of the extremely wealthy to retire when their parents die?

11-13-2017, 05:51 PM	#1662
Happy Monkey I think this line's mostly filler. Join Date: Jan 2003 Location: DC Posts: 13,575	Four sources of income exist for retired people - Social Security, private pensions, personal savings, and charity. Republicans have all but eliminated pensions, everyone knows their opposition to Social Security, and the 401K proposal was a surprising attack on savings. I guess you could put, generically, "higher taxes" as a Democratic barrier to savings, but the Republicans end up worse on that, as well - they are against the progressive income tax. If taxes are made less progressive, or, in the worst case, flat, it will be even harder to build savings up from zero. Are there any Republican proposals that make retirement easier, other than allowing the children of the extremely wealthy to retire when their parents die? __________________ _________________ \|...............\| We live in the nick of times. \| Len 17, Wid 3 \| \|_______________\| [pics]