Is this person accidentally admitting that wealth is mostly in the hands of older people and that this is a major economic issue? Because that is hilarious.

Also, 'when all is old folks' is grammatically fucked.

If these boomers are so smart and we're all so stupid, why can we spell 'millennials' and they can't?

It's also a joke because when they die the money will not just vanish but will be passed down through their wills, mostly to their children. That way they might be able to pay for their own stuff instead of moaning someone richer than them doesn't like picking up their tab.

Comment I found on a post about raising rich people's taxes