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by jelliclesfarm
1628 days ago
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I agree. Wealth transfer should be considered as income and should be taxed moderately. There is no legal reason for kicking out seniors out of their homes from which the unrealized gains haven’t been harvested. The truth is that most people don’t want to downsize. Why should anyone work 40-60 hours a week and pay a mortgage for most of their working adult life and taxes only to live in a condo when they have paid their dues and want to enjoy their retirement. Should we be dictating to seniors that they deserve no more than a one bedroom condo just because they got older? Is that what you are suggesting? That’s akin to discarding people and kicking them out of their homes. I don’t know any culture or country that would even suggest this except here in the United States. It’s actually truly appalling to me. |
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