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Comment by jawiggins

Every young person in America is paying 6% (3% directly, 3% by their employer) of every pay check into a wealth redistribution program. Who receives the money from that program? Baby Boomers, who have an average wealth of $1.8 million, only ~$400k of which is in that house they don't feel pressure to down-size out of. The remaining ~$1.4 million is spread across a number of liquid-able assets that they could use to fund their lifestyle if they choose to [1].

It's funny that most politicians promise taxes on the wealthy to support social programs without mentioning that the overwhelming majoring of said programs involve forcing young people who don't own homes and aren't having families to give UBI to millionaires.

[1]: https://usafacts.org/articles/how-has-wealth-distribution-in...

parent jawiggins 17 days ago

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