weekly blog--one for the ages
Feeling down? Struggling to cope? Stop those negative thoughts! There’s plenty to be thankful for on this Thanksgiving Day. However, we realists at ConfrontingAging recognize that there is plenty to be unthankful for too. And that’s why we have chosen this holiday to give the bird to a deserving person or group.
Last year’s bird was shared by President Trump and Congressional Republicans for supporting a new tax bill that had the potential to cut funding for Medicare, Medicaid and Social Security. With the new tax plan now in effect, ConfrontingAging was heavily leaning on giving them the bird for a second time.
But that would only be half of it. The bickering between Democrats and Republicans this past year could not have been more pronounced. That’s why we are giving the bird to both parties this year.
Projecting that the increased budget deficit from the tax cuts will make it harder to grapple with the financial challenge posed by 10,000 baby-boomer retirements a day, we urge our elected officials in Washington to refocus their energy and come up with bipartisan solutions to America’s most pressing problems. You might say our future depends on it!
And in that regard, ConfrontingAging envisions a compulsory tax on the earnings of middle-aged (40+) and over-65s to create a long-term care fund that can be used to pay caregivers, and pay for stays in rehab and assisted living facilities not covered by Medicare, Medicaid and private insurance plans. The UK is considering such a measure; Germany already has one in place, taxing participants 2.5% of their wages.
Pass the gravy and stuffing, please!