Quote:
Originally Posted by gideongallery
i never understood why pension /retirement income should be tax free.
when you work for it should be taxed, but once you stop working for it should be free
it not like government services suddenly become free for retired people
and as people start living longer and longer, that negative drain is only going to get worse
why shouldn't retiree pay their share of the government services bill.
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Because it's already been taxed.... and in many cases, it was OUR tax dollars, that were already taxed by us, then taxed by them.... a 3rd time is a bit much.
Every State Pension/Retirement fund was perfectly fine until they forced moved the Investments into the Markets, which crashed in 08, leaving States broke - and now today they are bitching about a fake problem (ie pensions) rather than actually fixing the problem... (wallstreet)