Talk of The Villages Florida - View Single Post - Latest tax changes in the BBB
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Old 07-02-2025, 05:44 AM
jimbomaybe jimbomaybe is offline
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Quote:
Originally Posted by OrangeBlossomBaby View Post
No, it really doesn't help low income seniors. We're not "ahead" in any department. If we were in a financial position to have to pay more tax, it'd mean we were earning a lot more income than we are now. That'd be a great thing.

The fact that we don't pay income tax means we're TOO POOR. There's nothing "ahead" about that.

Getting an additional $6000 bonus won't do us ANY good, at all. It gives people who are NOT poor a bonus, and poor people continue to be poor.
Solution , don't be poor, market equites have produced over 8% over history, $200. a month investment over a working life of 35 years assuming a 6% compounded return you would have over 267 K