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Quoted from o-din:15 years now. My how time flies when you're having fun. Doesn't bother me one bit that the newcomers that live in the same style house in the same neighborhood are paying near $10,000 a year. In fact any time that crosses my mind, I get a warm, fuzzy feeling inside.
Why would you feel warm and fuzzy about your neighbors paying 10x more in taxes a year than you do?
Quoted from NicoVolta:Usafacts.org has interesting charts regarding what we spend our taxes on vs. what we take in. Feels like the financial hawks I trust might be right about the market topping out “somewhere around March 2019” before another correction/“new normal”.
Next canary-in-the-coal-mine trend to watch for: Urban gardens and multi-generational households. It’s happening.
Did your financial hawks predict a 25%+ market increase to today since November 2016?
Well GDP is a good camparison if your pay comes from our taxes. Where is the GDP comparison guy from again?
Quoted from iceman44:And of course if it isn’t crystal clear yet that blue bar referencing Social security is going to get MUCH longer one way or another in the future
Unless our GDP averages 4% for next decade
Think I did an annual return on SS once. Came in at under 2%
I really don’t get the shortage on SS. If one dies with no spouse govt keeps all their money paid in. Part of folks SS payment is paid back to govt in taxes yet there is still a big shortfall?
I know part of SS is disability but the cap on that payout is pretty low.
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Dunwoody, GA