How We Are Taxing Our Grandchildren [F-17-32]
|Location:||SUNY: Dunn 208|
|Classes:||1 Session 1.5 hours|
|Dates:||Tue 4:00 PM 11/07|
The current level of debt in the U.S. will ultimately be paid off, but not by those young people currently in school, and not by the next generation after that, i.e. but rather by those not even born yet. When “entitlements” such as Social Security and other types of debt are included, this taxation of future generations is even worse. This is an issue not only of economic growth, but of basic fairness.
Joe Timmerman has a Ph.D. in economics from Georgia State University and an MBA in finance from the University of South Carolina. He worked at what is now the Bank of America before moving into academia, which has been his career for the past 25 years. He has spent the last 16 years at SUNY Potsdam, where he has been Chair of the Business Administration Department since 2011. For the past 3 years, he has also been a St. Lawrence County Legislator.