Even if the US government’s plan to increase tax revenue is to tax the hell out of boomer bequeathments, it wouldn’t work because that would necessitate the sale of assets (real estate, equities, ...
I showed my dad what will happen to the purchasing power his $4000 social check at 10% annual loss over a decade and he was genuinely shook. But then equivocated and pretended it’s not real.
In the next 20 years many boomers will be forced sellers of their houses because social security will not get them by and they have minimal savings outside of their homes.
In the next 20 years many boomers will be forced sellers of their houses because social security will not get them by and they have minimal savings outside of their homes.
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