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Alice Wilder

๐Ÿ‘ค Speaker
228 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
Wait...where did my retirement money go?

Okay, she says, Let's talk taxes and how, as Americans, we seem to have a belief system that if you don't find a way to reduce your taxes, you're not being smart.

Marketplace All-in-One
Wait...where did my retirement money go?

Like, we've built cheating into the system."

Marketplace All-in-One
Wait...where did my retirement money go?

And yet, we all know our government has a big deficit, and we still want services to be provided.

Marketplace All-in-One
Wait...where did my retirement money go?

But it's hard to see or feel the direct line between paying our taxes and how we benefit.

Marketplace All-in-One
Wait...where did my retirement money go?

And then there's the guilt about trying to pay less.

Marketplace All-in-One
Wait...where did my retirement money go?

This may be a me thing, but I make around $180,000 a year as a single mom.

Marketplace All-in-One
Wait...where did my retirement money go?

I'm not a billionaire, but I'm also not struggling.

Marketplace All-in-One
Wait...where did my retirement money go?

I feel a social obligation to help those who need more services and breaks, which I do through volunteering and donating.

Marketplace All-in-One
Wait...where did my retirement money go?

Okay, Reema, what is your reaction to that?

Marketplace All-in-One
Wait...where did my retirement money go?

I thought it was interesting that she used the word cheating, like we've built cheating into the system.

Marketplace All-in-One
Wait...where did my retirement money go?

And I'm like, I don't think that's cheating.

Marketplace All-in-One
Wait...where did my retirement money go?

Like taking all the deductions you possibly can isn't cheating.

Marketplace All-in-One
Wait...where did my retirement money go?

It's I think that the government assumes that everyone is going to do that.

Marketplace All-in-One
Wait...where did my retirement money go?

And they put those tax breaks in there intentionally to say like, OK, maybe we're not going to have universal parental leave for child care.

Marketplace All-in-One
Wait...where did my retirement money go?

What we will give you is a credit for child care, which, you know, big gulf between those two things.

Marketplace All-in-One
Wait...where did my retirement money go?

But it is, like, something that we're being given.

Marketplace All-in-One
Wait...where did my retirement money go?

And so, like, I don't know.

Marketplace All-in-One
Wait...where did my retirement money go?

I'm not a parent.

Marketplace All-in-One
Wait...where did my retirement money go?

But I'm like, why not take that?

Marketplace All-in-One
Wait...where did my retirement money go?

If they're putting it on the table, take it.