Most boomers are poor. They are also dealing with property taxes that are now significantly more than their mortgage use to be, and being on a fixed income, they are losing their home.
Most are happy to take money to protest because they're broke. Just like most everyone else. Only ten percent of the population isn't completely broke. Most of the people that are doing the best right now have government jobs.
Most boomers are insanely wealthy compared to every other generation. This isn’t even comparable, they’re the richest generation in western history. The median net worth is still 3-5 times higher than Gen x and millennials. Property taxes are not an issue anywhere unless you live in a blue hellhole which is a choice.
The median net worth is still 3-5 times higher than Gen x and millennials.
This is meaningless. Read your Basic Economics.
My net worth is more than 10x what it was 10 years ago. Can you guess why? Yeah, it's because I'm older and have been working longer and am making more money because I have more experience. (Also, I don't waste it on stupid shit like lattes, DoorDash, credit card debt, or financing new cars)
Now apply to every age group in aggregate. Obviously older people would have greater accumulated aggregate wealth than younger people because they've had more time to accumulate it.
Everybody is getting screwed in slightly different ways.
If you apply it by age group in aggregate boomers are vastly wealthier than any other group in western history. Maybe you should learn basic economics, before boomers every other generation peaked in wealth during the age Gen X and older millennials are today then lost wealth because they retired. Modern asset “growth” is just fraud put in place by inflation.
It's not meaningless. It's not just that they have more NOW than younger generations. It's that they had more than the younger generations do when they were the same age.
My dad (not technically a boomer) bought a house after being in the workforce for less than 10yr for 25k while making $19 an hour with no degree or certifications. That's insane because most of us who have been in our careers with degrees aren't making 10x that but the average house price is 10x that. Even if you go for a cheap house, that's 100k. To keep the scale, you would have to be making $75 an hour.
My dad (not technically a boomer) bought a house after being in the workforce for less than 10yr for 25k while making $19 an hour with no degree or certifications
Even the wage listed sounds high compared to the modern day.
Boomers were wealthier by a significant margin at every milestone in their lives. Most boomers left high school and started a entry level job that made more money than what college educated gen z make now. If you are a boomer and broke now, it's entirely your fault for not saving and investing when the country was having exponential growth.
Doesnt change the fact that boomers dropping like flies. Once they are gone prepare for rapid polarization and the well deserved collapse of the zionist republican party.
Unfortunately, the last Republican precinct mixer I went to was almost exclusively Jeets and East Asians. They have replacements ready. Our guys are simply not showing up.
I hate taxes in general but does anyone here actually know an old person who lost their home over property taxes? I don't. I think old people can and should pay the same taxes as everyone else.
What do you consider completely broke? I could agree only 10% of people are decent with money but there’s a lot of people who have shit budgets but still make enough to pay their bills and whatnot.
Property taxes are completely fucking immoral. They're institutionalized covetousness. We've had organization, bureaucracy, and technology enough for decades, to assess what services people are being provided, and charge them appropriately for them.
Property taxes is the opposite. They charge arbitrarily, based on how much people would pay to have your shit. That's ridiculously piratical. In so many cases; Don't use City water? Doesn't matter, pay for it anyway. Don't use City trash? Doesn't matter. Live on a dirt road, or your neighborhood built and maintains your own road? Doesn't matter. Are you nudged out into unincorporated territory, so you don't have voting rights? Doesn't matter.
Paying for the mere privilege of not losing your property at the hands of men with guns, the rate determined by how much other people want what you got, is a goddamn disgrace.
Property tax on unimproved value with a generous lower exclusion, for your primary residence (let's say it's only the top 10%, letting you go be a hermit in peace and never be bothered), is the least bad other than tarrifs, minor sin taxes and direct fees for services.
It's not even how much other people would pay for your place, they don't have some fancy program to look at the sales in your area or anything like that.
Its whatever some unelected government employee thinks others would pay. If they're in a particularly bad mood? Looks like your assessment just doubled.
Most boomers are poor. They are also dealing with property taxes that are now significantly more than their mortgage use to be, and being on a fixed income, they are losing their home.
Most are happy to take money to protest because they're broke. Just like most everyone else. Only ten percent of the population isn't completely broke. Most of the people that are doing the best right now have government jobs.
Most boomers are insanely wealthy compared to every other generation. This isn’t even comparable, they’re the richest generation in western history. The median net worth is still 3-5 times higher than Gen x and millennials. Property taxes are not an issue anywhere unless you live in a blue hellhole which is a choice.
This is meaningless. Read your Basic Economics.
My net worth is more than 10x what it was 10 years ago. Can you guess why? Yeah, it's because I'm older and have been working longer and am making more money because I have more experience. (Also, I don't waste it on stupid shit like lattes, DoorDash, credit card debt, or financing new cars)
Now apply to every age group in aggregate. Obviously older people would have greater accumulated aggregate wealth than younger people because they've had more time to accumulate it.
Everybody is getting screwed in slightly different ways.
Oh shit, you're the meme lol
If you apply it by age group in aggregate boomers are vastly wealthier than any other group in western history. Maybe you should learn basic economics, before boomers every other generation peaked in wealth during the age Gen X and older millennials are today then lost wealth because they retired. Modern asset “growth” is just fraud put in place by inflation.
It's not meaningless. It's not just that they have more NOW than younger generations. It's that they had more than the younger generations do when they were the same age.
My dad (not technically a boomer) bought a house after being in the workforce for less than 10yr for 25k while making $19 an hour with no degree or certifications. That's insane because most of us who have been in our careers with degrees aren't making 10x that but the average house price is 10x that. Even if you go for a cheap house, that's 100k. To keep the scale, you would have to be making $75 an hour.
Even the wage listed sounds high compared to the modern day.
Boomers were wealthier by a significant margin at every milestone in their lives. Most boomers left high school and started a entry level job that made more money than what college educated gen z make now. If you are a boomer and broke now, it's entirely your fault for not saving and investing when the country was having exponential growth.
It helps that the poor Boomers were drafted to go die in a Vietnamese jungle, raising the average wealth and lowering competition.
Go home, bot.
Doesnt change the fact that boomers dropping like flies. Once they are gone prepare for rapid polarization and the well deserved collapse of the zionist republican party.
Unfortunately, the last Republican precinct mixer I went to was almost exclusively Jeets and East Asians. They have replacements ready. Our guys are simply not showing up.
It sounds like Whites have figured out the GOP is not for them.
Problem is no one is anymore
One could only pray.
Novanow.org
You still don’t sell the future so Boomers can spend the last decade of their lives hooked up to machines being miserable.
I hate taxes in general but does anyone here actually know an old person who lost their home over property taxes? I don't. I think old people can and should pay the same taxes as everyone else.
What do you consider completely broke? I could agree only 10% of people are decent with money but there’s a lot of people who have shit budgets but still make enough to pay their bills and whatnot.
Property taxes are completely fucking immoral. They're institutionalized covetousness. We've had organization, bureaucracy, and technology enough for decades, to assess what services people are being provided, and charge them appropriately for them.
Property taxes is the opposite. They charge arbitrarily, based on how much people would pay to have your shit. That's ridiculously piratical. In so many cases; Don't use City water? Doesn't matter, pay for it anyway. Don't use City trash? Doesn't matter. Live on a dirt road, or your neighborhood built and maintains your own road? Doesn't matter. Are you nudged out into unincorporated territory, so you don't have voting rights? Doesn't matter.
Paying for the mere privilege of not losing your property at the hands of men with guns, the rate determined by how much other people want what you got, is a goddamn disgrace.
I object to it on the grounds of how it undermines the very concept of ownership.
If I already paid to own something then why am I paying the government rent on it? Either I own it or I don't.
Exactly, my friend, exactly.
You don't own it.
All taxes are bad.
Property tax on unimproved value with a generous lower exclusion, for your primary residence (let's say it's only the top 10%, letting you go be a hermit in peace and never be bothered), is the least bad other than tarrifs, minor sin taxes and direct fees for services.
It's not even how much other people would pay for your place, they don't have some fancy program to look at the sales in your area or anything like that.
Its whatever some unelected government employee thinks others would pay. If they're in a particularly bad mood? Looks like your assessment just doubled.
I hate you bots.