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Reply to "Do you think taxes will increase to pay for the nation's debt?"
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[quote=Anonymous][quote=Anonymous]If you are a boomer hoarding assets, you need to act fast and transfer as much as you can to your kids NOW. If you keep being greedy and having orgasms over the size of your assets, your kids are going to pay huge taxes on their assets that you plan to give them a few hours before you are dead. My parents are poor and I am supporting them in retirement, so it's not like I am one those kids waiting. All I am saying is you will do them a favour because the level of debt this country is accumulating is scary.[/quote] GenX is getting greedy too. They are going into their 60s and are hanging on to money and massive houses. The most generous generation is dying off. The silent generation were hardworking and knew how to share. Our older parents who got to retire early told us there was no reason to hang on to all that money and they started distributing it right away thirty years ago. [/quote]
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