Quote:
Originally Posted by FeelMyTube
you would need to raise income taxes big time to pay for all the benefits of the retirees.
People don't retire earlier because they can not afford it themselves, they need gov payments/pensions/medicare. Your suggestion would put the burden of caring for them on the younger generation that was working (and paying taxes).
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Retirees get 50% pay, sometimes less, depending. A younger, often better qualified person in their place at much less pay is win-win.