It would follow then that the Internal Revenue Service would depend heavily on folks 40-60 years-old. You might even narrow it down more to 45-55 years-old.
The same would follow for states that are dependanton sales and consumption taxes and local governments that get big revenue from big houses.
It is also interesting that the peak birth years for the huge Baby Boomer generation were 1957 through 1964, when US live birth numbers exceeded four million per year. This superimposes the very top of the Boomer birth bubble directly over the most productive tax-paying years in the age continuum at this writing.
You could consider it serendipitous that the current financial crisis occurred at exactly the time when we had a huge block of high-rolling Baby Boomer taxpayers to pay into the system and bail us out.
As the Baby Boomers age out of their premium tax paying years, Generation X ages in. Generation X was born 1965 to 1984 and is currently aged 26 to 45 years old. Generation X is 11 percent smaller than the Baby Boomers with about nine million fewer people. It simply does not have the critical mass to produce or consume at the level of the Baby Boomers and will not be able to pay taxes at the level of the Baby Boomers. Can you see where this is going?
There are stages in our lives when different things are expected of us and understanding what is expected of us is very important. When we are born, we are totally reliant on others. We eat a lot and produce nothing. If we were left alone we would die. We gradually become more and more self-reliant as we age.
In theory, at least, when we are in our twenties we begin to make our own way. We can provide for ourselves. What we eat is on par with what we produce. As we age through our thirties, we begin to produce more than we eat so we provide for others who are producing less than they eat. As we age through our forties, the dependence of others, both young and old, on our ability to produce a lot more than we eat becomes very great and peaks at age 50, when we are at the height of our producing.
Between 50 and 60, our production begins to diminish, as does the reliance of others on our ability to provide. Between 60 and 80, we tend to be self-reliant, meeting our own needs. After 80, the total dependence starts all over again. We can no longer effectively produce, but we still eat and require care.
This principal of reliance and provision can be found in families, cultures and countries throughout the world. It is a very old principal that dates back to early man. It is a natural balance. This principal is so powerful, it drives economies and provides health to nations.