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The Round Table
What age will you retire?
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<blockquote data-quote="bosun1" data-source="post: 333137" data-attributes="member: 2766"><p>When corporate 'heads' retire, they get cash and stock options. Stock options because they only pay 15% in taxes. The workers get promised a pension. Then the promise turns into "Sorry, the money disappeared some how (decreased revenue, stock market crash, investments that didn't turn out as promised, over optimistic monetary projections, etc.) and we aren't going to be able to pay you. It's not our fault that you didn't properly plan on your retirement and save more money while you worked for us. Have a nice day!" Then now that they don't have to pay for their retirement promises, they can use that 'disappeared' savings to balance their budget and go Vote for ME! I balanced the budget/saved the state/city from financial ruin!"</p></blockquote><p></p>
[QUOTE="bosun1, post: 333137, member: 2766"] When corporate 'heads' retire, they get cash and stock options. Stock options because they only pay 15% in taxes. The workers get promised a pension. Then the promise turns into "Sorry, the money disappeared some how (decreased revenue, stock market crash, investments that didn't turn out as promised, over optimistic monetary projections, etc.) and we aren't going to be able to pay you. It's not our fault that you didn't properly plan on your retirement and save more money while you worked for us. Have a nice day!" Then now that they don't have to pay for their retirement promises, they can use that 'disappeared' savings to balance their budget and go Vote for ME! I balanced the budget/saved the state/city from financial ruin!" [/QUOTE]
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What age will you retire?
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