Quote:
Originally Posted by Vulcan
Sure sounds good but we paid for the previous generation and never complained, now your generation wants to opt out?
|
I don't want to opt out but it is still everybody pays for themselves. Going into debt to pay for OAS is robbing the next generation, a ponzi scheme that will stop at one generation or another.
If this generation can't pay for it, then the boomers just can't maintain their cozy senior life style with the this level of OAS and GIS. A boomer couple could get about $25K-$30K in OAS and GIS assuming they have no other source of income and pay little to none income tax. $25K is just little less than the take home pay of an average Canadian family. Does it make sense to you?