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Politics : Politics for Pros- moderated

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To: Bearcatbob who wrote (238757)2/14/2008 10:23:14 PM
From: MrLucky   of 793928
 
The point is - much of money for seniors are receiving welfare for the rich.

2006 - 12% of the US population consists of seniors.

2006 - 1.5% of the income producing population are millionaires. The majority of these people reached this level based on their home equity.

My view is that if you paid in, you have a right to enjoy the fruits once you retire, no matter your level of income or net worth. Many people inherit when a senior. That should not be a penalty or an opportunity for the liberals to transfer your funds, yet again.

Guys, like Gates and Buffet, who have angst, can simply send in a big check now and then to assuage their guilt.
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