If the techbros are screwing up tech, how many are Boomers? Oracle, maybe, but I thought most were younger? Boomers, in many cases, are cashing out and returning assets to circulation.
Pension? Perhaps the original Boomers got one of them, but "defined benefit" became "defined contribution" a long time ago for non-union, non-pharma people. Whole lot of tech workers, workers in smaller companies or those who changed jobs every 4-7 years don't got no pension. SSA, yeah, but there was lots of contributions to that. And I suspect a typical SSA pension is like 2K/month. Not a lot of taxes needed from the tech salaries. It's the IRA's and 401K's being cashed out and flipping homes to downsize.
The 1-2 generation behind the boomers got the juice now.
Well, first they need a pension. And much of that comes out of your income tax.