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How much of your income goes to the government when you move into Assisted Living?

Posted 2 years ago.

2 Comments

  • Richard - 2 years ago

    Are you kidding me - over 85%! These are the guys (and gals) who created this country - are they being "robbed" by the taxman?! Why? They've already paid tax on the money that created their investments once and now the government wants more.

  • Michael - 2 years ago

    Interestingly, the more you make the more you pay. This system punishes those retirees who responsibly saved throughout their lives. Just because someone makes a bit more retirement income doesn't mean they should pay more than the next person for the same room.

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